Seeking Alpha

SanDisk +6.8% AH on margin guidance hike; Micron +1%

  • SanDisk (SNDK) guides on its CC for Q2 revenue of $1.55B-$1.625B and 2014 revenue of $6.4B-$6.8B, in-line with consensus forecasts of $1.58B and $6.66B.
  • But following a strong Q1, the NAND flash giant's 2014 gross margin forecast has been hiked to 47%-49% from a prior 45%-48%.
  • Rival Micron (MU) is getting a lift from the forecast, much as SanDisk gained last month following Micron's numbers.
  • SanDisk's Q1 results, details
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Comments (7)
    , contributor
    Comments (1974) | Send Message
    I am pleased SNDK can carry MU's water since MU is often unable to do it for themselves. MU could raise it's market cap by a couple of Billion if it would simply raid SNDK's CFO and IR Director. Professionalism and the ability to tell a compelling story to the investment community is worth $10 a share . IMO MU has a wonderful story but is unable to convey it. LONG MU
    16 Apr, 05:42 PM Reply Like
  • King Rat
    , contributor
    Comments (713) | Send Message
    MU is up, what, 300% over the past 15 months and you are complaining about management?


    For what it's worth, raiding staff may be common in some circles, but I would hardly call that professional.
    Acting unprofessionally in order to get a more "professional" C-level officer is a catch-22, is it not? Besides, with so much similar intellectual property between the two, such action would needlessly lead to mutually destructive lawsuits.
    I hold neither stock, but if I had to choose which management is more professional from recent stock performance alone, I would have to say MU is already more professional. Not that 80% stock growth yoy is anything to sneeze at. Congrats to both SNDK and MU for a job well-done.
    16 Apr, 06:10 PM Reply Like
  • ThePuckMeister
    , contributor
    Comments (93) | Send Message
    King rat - go listen to latest conf call from each company and come back on here and tell us that MU execs are more professional... there is no way. Yes Micron has done a fantastic job with Elpida acquisition but in terms of managing wall street they are amongst the worst. IMHO.
    16 Apr, 06:27 PM Reply Like
  • magnum990
    , contributor
    Comments (18) | Send Message
    Totally agree. I'm very happy with MU management. Initiated long at $12.66 and have kept adding on weakness. Keep up the great work MU management!
    16 Apr, 08:44 PM Reply Like
  • Rumpel Pumpel
    , contributor
    Comments (289) | Send Message
    awesome trades then, your gonna earn a lot more over the next month, I guess :)
    Long MU
    17 Apr, 03:24 AM Reply Like
  • Stock Market Mike
    , contributor
    Comments (2168) | Send Message
    I'm lukewarm on MU management only because of the convertible mess. MU has the potential to earn more per share than SNDK... yet here they are at 1/4th the share price.


    17 Apr, 11:46 AM Reply Like
  • Tradestar
    , contributor
    Comments (402) | Send Message
    Sandisk simply blows MU's ineptness and questionably shady conference calls away. They also executed incredibly. MU's back room deals for their own pompous execs are so transparent and epitomize MU's whole corporate culture: Let's pretend to care about the shareholder, when we don't give a d---n; let's figure out how to place more stock options and money in our own pockets. Truly disgusting.
    16 Apr, 10:55 PM Reply Like
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