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Technology Stocks : WDC/Sandisk Corporation
WDC 163.88+0.4%2:29 PM EST
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To: Art Bechhoefer who wrote (11717)6/1/2000 10:00:00 PM
From: TREND1  Read Replies (3) of 60323
 
Art
you wrote
"Larry, I'd certainly like to know how that source estimated 28 percent annual growth in earnings. "
answer:As stated from Multex provided by SI

"Larry, anyone who relies on fundamentals DOES listen to management as carefully as the analysts do, if not in direct conversations, then through the financial statements, which are, after all, management talking. TA's do not have a monopoly on the use of probability in estimating future"
answer: If management was so sure of the future, why do we still have the "dram cycle". My job for 25 years was presenting "eningeering econ studies" to 16 VP's of a large company. People put to much faith in "management"

Larry Dudash
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