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Reuters: SanDisk posts sharp quarterly loss; shares tumble

Started by chris, July 22, 2008, 01:41:12 AM

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chris

SanDisk posts sharp quarterly loss; shares tumble
      


SAN FRANCISCO (Reuters) - SanDisk Corp  quarterly results swung sharply to a loss in on Monday amid an unexpected decline in sales and warned worse was in store as it further slashes the prices of its memory chips in the current quarter, sending its shares down 14 percent after-hours.
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