SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: rll who wrote (8257)11/29/1999 5:21:00 PM
From: Art Bechhoefer  Read Replies (2) of 60323
 
Based on fundamentals, it's a good buying opportunity right now! The only way this stock could get back to the 50's level would be if there was a substantial market correction. One can't predict overall corrections very well, but with the recovery of Japan, continuing GDP growth in the U.S., and inflation at very modest levels, a correction isn't likely. Based on projected growth in flash memories and the role SNDK will play either from direct production or from royalties, at current prices it's practically a no brainer. For the sake of those who have been putting money into SNDK, I can only hope the stock remains near present levels until everyone has a chance to buy more.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext