WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.11

-5.4%

3:59 PM EST

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To: Craig Freeman who wrote (6156)	6/27/1999 8:40:00 PM
From: Ausdauer	Read Replies (2) of 60323

Craig, Last year everyone said we had support at $20 when the stock fell to the low $20's, then the support level was $15, then $10, then the bottom fell out. Truth is, I don't believe in support levels. I think there has been enough new interest in SNDK in 1999 to help prevent any free falls. I agree the near-term upside potential will depend heavily on quarterly earnings and the landscape Dr. Harari and company describe for the remainder of the year and early 2000. The long term potential still remains good. I predict that we will have an earnings surprise in Q3 or Q4 of 1999, but not Q2. Ausdauer

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