WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 176.23

+3.9%

1:54 PM EST

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To: Art Bechhoefer who wrote (13044)	7/19/2000 10:56:41 AM
From: Greg h2o	of 60323

art, i think it's the general tone of the market... stocks are being sold on the news... good or bad. $63 probably was a good opportunity, but i missed it... sometimes it's better to have the cash. as for QCOM, i'm not nearly as optimistic about their earnings forecast as i am about SNDK's. yes, there is tremendous potential for QCOM and they might grow at 30-35% per year.... but it's still trading at 85x earnings.... just b/c it's dropped from 200 to $63 doesn't make it a bargain (at least, not in my eyes). i traded a little and have stepped out of the way on this one....

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