WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 212.19

+5.9%

Jan 12 3:59 PM EST

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To: orkrious who wrote (8067)	11/11/1999 5:27:00 PM
From: Art Bechhoefer	Read Replies (1) of 60323

Jay, well, I don't pay much attention to investor sentiment, or as someone labeled it, "irrational exuberance." I was just estimating a reasonably probable earnings increase and and a similar increase in stock price. Yeah, it's dull and leaves out all the hype, but it gives me a better feel for what an investor could anticipate. The other factor of some significance is imperfect information. There always is room for error, especially when market demand for the products is growing as fast as it is for flash memory. So the way I handle the unknowns is to estimate on the low end.

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