Inside Wall Street: A Brighter Future for Memory-Maker SanDisk?


Haste makes waste. This happens often enough in the stock market.

When SanDisk (SNDK) came out on Jan. 28 with its first-quarter 2010 sales forecast, plenty of investors rushed to sell the stock of the world's largest supplier of flash memory storage cards. Some analysts had expected higher numbers than SanDisk's guidance. So panic ensued, driving the stock down from $28 a share to $25.41 that one day.