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Stockchase Opinions

Brian Acker, CASandisk CorpSNDKHOLDFeb 07, 2008

Looks interesting to him. His model price is $33.99, a 30% positive differential. If technology gets hit more, look for a price around $23.30. This is a price that he would nibble at it he had a position and liked the company.
$26.56

Stock price when the opinion was issued

$2209.00

As of Jun 18, 2026. Market Open.

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COMMENT

Ranks in the top quarter of his database. Near-term earnings have been huge and are expected to be up significantly in the coming quarter. PE at 12X is interesting. Hopefully they use their cash to buy back stock or do some interesting things. Cash per share is significant at roughly $4.40. Looks like earnings growth is going to slow dramatically in 2014.

PAST TOP PICK
(Top Pick Sep 16/10, Up 15.70%) Decided to take profits. Still likes it. It is a good name. Will benefit from memory demand for smart phones. A great brand name.
WAIT
Very cyclical. We are looking at the peak of their cycle. They are in a good position for the next 2 or 3 quarters. It’s a good company. Buy it when people don’t like it.
TOP PICK
World's largest supplier of flash memory data storage products. Cards for mobile phones, digital cameras, camcorders, new tablets, etc. More than 2 dozen companies coming out with new tablet form products and they will benefit. 6 consecutive quarters of positive earnings surprises. Trading at only 9X forward earnings.
DON'T BUY
A player in a commodity business where margins are limited and potential competition. Range bound in the $40-$45 area, which could be underpinned by deals for companies. Could be a little extended but not overly extended. CEO has announced retirement.
PAST TOP PICK
(A Top Pick Dec 3/07. Down 57.35%.) Flash memory. Would stay out of this.
PAST TOP PICK
(A Top Pick Jan 23/08. Down 55.8%.) Did quite well shortly after he picked it. Horrific 4th quarter. Too much product on the market now.
SELL
Model price is $1.25, a negative differential of 86%.
DON'T BUY
If they can pull back above $13, it will probably rally up to $17.50. Stock is too choppy for him. Thinks it will go down to $10 and may be even $8 before it goes higher.
SELL
(Market Call Minute.) Although they make great products the memory chip business is a terrible one to be in. End markets are bad.
TRADE
Thinner margins. There was a rally from $13 up to $17, fell back and a couple of rallies brought it back up and it’s back again. There’s a buy out deal and lots of fear that it wont go through. If it goes above $18.5, but a buy order in and it if it drops below $14 you want to be short selling.
DON'T BUY
Thinks that they're beating is going to continue. Doesn't see much hope for it.
DON'T BUY
(Market Call Minute.) Model price of $32.04, a positive 9% differential. He would look for value elsewhere.
TOP PICK
Flash memory. Quality name but has a lot of volatility. When there is strength in the economy and with the consumer, this is a name that can do very well. There will be a tremendous acceleration of flash memory. They are the patent holder and get royalties off all flash memory made.