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Technology Stocks : WDC/Sandisk Corporation
WDC 221.51-0.3%Jan 16 9:30 AM EST

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To: Jim Greif who wrote (704)8/26/1997 1:11:00 PM
From: OrionX   of 60323
 
Well, the time has arrived! Or has it? To all newbies, due your D.D. While I'm happy with the stock soaring upwards, one thing bothers me - it has moved up too fast based only on analyst recommendations. Sandisk will be worth the 30+ in the near future (6-12 months) but for now, I think it is only euphoria. Don't get caught at the high end price level or you'll have to wait a while to recover your money. IMO, the stock price will settle back to the mid 20's until strong earnings (which will come for sure) will carry the stock to higher ground. I too believe the sky's the limit. Sandisk is in an enviable position of commanding a standards technology. This will bring in many rewards.

Regards,

Mauro.
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