SNDK

SNDK: Remains attractive with the rest of names in the diskdirves group. Other name also inculdes FLSH.

Key support level with exit level at $45
A potential upside move closer to $55 ...

Worth noteing is the stregth of DDX: Amex Disk Drive Index remains above 50/200 day mva. with solid performance.

From SeekingAlpha.com
http://ce.seekingalpha.com/article/19748

The explosive growth in the use of digital cameras and MP3 players combined with the demise of the floppy drive has been a boom for companies that make flash cards and Universal Serial Bus [USB] drives. Milpitas, California based SanDisk (SNDK) makes flash memory cards for digital cameras, MP3 players, the Cruzer line of USB drives and gaming cards for use in Sony's PlayStation Portable [PSP].

So what attracted me to this well known company that I felt was overvalued just a few months ago? While the stock has retreated from a high of almost $80 in January to the current $48.10, the company has released an exciting new line of MP3 players, acquired a key competitor and is well positioned to benefit from the launch of Microsoft's new operating system Windows Vista in 2007.