Flash daddy SanDisk: Revenues up, but Wall St unimpressed

SanDisk's third 2013 quarter showed a healthy annual and quarterly increase but subdued profits, while Fusion-io integration costs and mis-met Wall Street expectations sent the shares down a tad. Revenues were $1.75bn – a record. They were $1.63bn a year ago, meaning a seven per cent increase, and the same in the second 2014 …

[Anonymous Coward]

Analysis by Fantasy

Wall Street. Wall Street analysts. A bunch of self -flagellating, greedy self-serving individuals who believe in the fantasy of "continuous growth" and never-ending markets.

I wonder when intelligent people will learn to dismiss them. Just look how "knowledgeable" their quants were.

[Ted Treen]

Re: Analysis by Fantasy

Amen to that:- in spades!

[CaptainBanjax]

Hmm

Not sure if drop in investment related to them being valued incorrectly or because the stock market in general has been a bit slow lately.

Can someone in a suit enlighten me?