Winners Circle

[mflutie]

LEXR short +20% and they report tomorrow!

earnings shorts into Thursday
these have not shown much reason to expect them to reverse the past 2 earnings performance trends..

LEXR Thursday 10/14 earnings -last 7/15 -13.9%. 4/16 -32.6%
DCLK earnings 10/14, last 2 7/23 -27%, 4/15 -27.3%
NFLX earnings 10/14-last2 7/16 -28.1%. 4/16 -16.9%
NFLX probably the weakest short side play of the 3

On LEXR
www.amtddj.inlumen.com/bin/djstory?StoryId=CqwOfqaebqLqWmdmYndG

=DJ Lexar, Sandisk Dn: Inventory, Pricing Seen Hurting Margins

10/11/2004
Dow Jones News Services
(Copyright © 2004 Dow Jones & Company, Inc.)



By Michelle Rama
Of DOW JONES NEWSWIRES

NEW YORK (Dow Jones)--Shares of flash memory makers Lexar Media Inc. (LEXR) and SanDisk Corp. (SNDK) fell for the second session Monday on inventory concerns and worry that aggressive pricing will hurt profit margins.

The declines come ahead of both companies' third-quarter earnings reports, expected on Thursday.

Investors skimmed some profits from SanDisk shares following a rally in the shares, and Lexar's recent short-covering ended following a strong run in the stock, analysts said.

Observers also pin the declines on Samsung Corp.'s recent NAND flash price increases. Lexar's profit margins are likely to be pinched as Samsung, which supplies its raw NAND flash memory, raises its prices.