Tuesday, October 16, 2007

Bought 50 shares of SNDK @ $47.20

Their earning will be announced in 2 days, the stocks price plunge today due to downgrade performed by analyst from buy to hold. I jump in at $47.20. Although, there are lower margin in NAND memory sales. However, I think SNDK is a solid company and one of the largest memory chip manufacturer.

The bank of america card has come up with a number of business credit card offers on various credit card types. Even the citi cards and capital one credit card are following these lines and is offering cash advance on their credit cards as well.

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