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Technology Stocks : WDC/Sandisk Corporation
WDC 157.11-5.4%Nov 13 3:59 PM EST

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To: Paul Senior who wrote (8767)1/24/2000 6:04:00 PM
From: Art Bechhoefer  Read Replies (1) of 60323
 
Paul,
I take nothing for granted. There are some good analysts out there, and there are some real dopes. Remember that just a year ago, SNDK was at $17, with almost $7 of that in cash. A lot of the analysts who are hot on the stock now didn't think much of it then. Think of it -- all that cash and still no buyers! If analysts like the stock now, that's no big deal. But a year ago, there weren't many out there who thought the stock was worth looking into. Another case of going with the flow -- the safe way. I'd simply say, remember that a turtle only makes progress when he sticks his neck out.

Art
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