Appeals court rules SanDisk must face NAND antitrust claim A federal appeals court ruled that "the district court was correct to rule that a direct purchaser is not categorically precluded from bringing a Walker Process antitrust claim." The case is Ritz Camera against SanDisk.
DRAM prices likely to continue to fall, says Cleveland Research Cleveland Research's channel checks indicate PC DRAM pricing is likely to continue to decline on a contract basis to approximately $17 by year end, along with server and mobile pricing. The firm's contacts indicate DRAM demand remains weak with no real indications of a rebound and supply remains in excess. Cleveland remains cautious on Micron and the DRAM market, and sees additional downside to consensus estimates.
SanDisk September weekly calls active on takeover speculation SanDisk September 54 and 55.5 weekly calls are active on total call volume of 9K contracts (1K puts) on takeover speculation. September weekly call option implied volatility is at 62, September is at 50, October is at 47; compared to its 52-week range of 24 to 61. Active call volume suggests traders taking positions for upside price movement.