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Technology Stocks : WDC/Sandisk Corporation
WDC 169.99-2.4%3:59 PM EST
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To: Rocky Reid who wrote (12526)7/5/2000 2:59:24 PM
From: Herb Fuller  Read Replies (1) of 60323
 
The SNDK Chart looks like a falling Knife to me.

It is no wonder the stock price is falling due to the fact that SanDisk will be dropping their chip prices 90% over the next 5 years, to compete with magnetic storage, and therefore will have to produce 10 times as much product to keep the same revs as they will do this year.
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