1 posts and columns on Y. Edwin Mok

SanDisk: Needham Turns Bearish; NAND Glut Looming?

in News on June 18, 2009 at 6:37 am PT

SanDisk shares are coming under pressure this morning after Needham analyst Y. Edwin Mok cut his rating on the stock to Under Perform from Hold. Mok writes in a research note that the downgrade reflects “early signs of weakness in the NAND flash memory sector that we believe will lead to lower prices.”