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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 9:30 AM EST

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To: Ausdauer who wrote (10050)4/3/2000 6:22:00 PM
From: Rocky Reid  Read Replies (2) of 60323
 
>>>>>The recent decision is something I have been waiting two years for and I had advised even family members on Friday to consider taking or increasing positions in SNDK.

Now I look like a total idiot.<<<<<

After today's action in SNDK, I have to question everything I know about investing in this market. Today's SNDK Lawsuit Win News is perhaps the most amazing and potentially profitable rulings EVER. Sandisk's Patent in question is broad enough to estimate that most if not ALL solid state storage devices will have to enter into license agreements with Sandisk. Sandisk's Earnings potential with this ruling is ENORMOUS. We're talking about Several $$$ BILLIONS in sales and license fees.

Yet Sandisk not only trades DOWN with the NASDAQ today, but LEADS the Sell-off, with a whopping 15% Close Down from Friday. This is as bad as MSFT!!!!

Sandisk has its BEST News day ever.

And MSFT had its WORST News day ever.

Go figure.
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