WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: Sam who wrote (6821)	8/30/1999 6:36:00 PM
From: Art Bechhoefer	Read Replies (1) of 60323

Sam, a year ago SanDisk was forced to write off old inventory that was outmoded and couldn't be sold at all. Look at the difference today. They're selling whatever they can make. Last year, they drastically cut prices to reduce inventory of unwanted chips. This year they're apparently unable to keep anything on hand. If demand stays strong, prices will inevitably rise, increasing profit margins. I think the shareholders are beginning to realize this. Look at how well the stock performed today, when the rest of the technology stocks were down significantly. As to the impact of the new shares, whenever they come on the market, I think the market will absorb them without hardly a blink.

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