WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 162.41

+3.0%

12:55 PM EST

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To: James Choi who wrote (3042)	5/21/1998 5:32:00 AM
From: limtex	of 60323

Jim - The good stocks just do not behave like this. These are the facts: 1. Most of us on this thread are infatuated with this stock and some of us would get a nasty bite if we sold now. 2. We have Michael Woodwards post about insider selling in Oct, Nov and Feb of this year. We don't have the more recent sales but it might be possible to get them if we try. 3. The stock has been on a continuous down slide since its recent peak of $26 in Feb/Mar. 4. The slide has been increasing over recent days. 5. The silence from the company in repsonse to this has been total silence in fact the silence is deafening. 6. Prime name investment bankers sold a secondary in Oct last year at $28. I have seen no plausible expalantion as to why this was done or what has been doen with the $90 other than it is held in short term investment. 7. Post after post here and on Yahoo point to how well this company is going to do over the medium and short term. Talk about what Eli said about last Q and deferred sales analysis ..just osme of the well researched and informative posts of people who are clearly (as am I ) infatuated. One post yesterday asks why all the staff of SNDK who must know by now how well the company is doing don't go and mortgage their houses to buy stock. That is a very very good question to which I would only add why haven't we heard from one analyst or fund manager saying how good HE/SHE thinks this stock is. NOT ONE new analyst or fund has picked up on it. 8. The company doesn't let any of the senior people talk or make a statement about anything.. They do put up nice Cindy who doesn't give substantive responses an doesn't seem to know much about the industry. As I say above this just doesn't happen like this in good stocks. IMHO something is going seriously wrong. MENE MENE TEKAL UPHARSIN L

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