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: Michael A. Gottesman who wrote (8747)	1/22/2000 11:51:00 AM
From: Tumbleweed	Read Replies (2) of 60323

Re 'not having a clue' ....The analyst says that SNDK basically makes a replacement for floppy disks...Then he says his company is shorting the stock at I believe he said 83... What is interesting is, presumably the same level of accuracy applies to all the other stocks he mentions as well. And there is little different from this analyst company to any other, most of them are inept. Just look at the way most of them recommend stocks, which can be summarised as 'sell when its low, buy when its high'. As an example, about a year ago when Oracle was in the 20's or so, many analysts were putting out hold or even sells. When it hit the 80's in December 1999, many of those came back with buy recommendations. I only started making money when I stopped listening to what so called 'analysts' had to say, and used a combination of my own knowledge and that of many of the excellent people on SI. Believe it folks, these so called analysts are, by and large, buffoons. Joe

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