WDC/Sandisk Corporation Message Board

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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: Greg h2o who wrote (12551)	7/5/2000 6:15:50 PM
From: The Prophet	Read Replies (1) of 60323

Now, now, don't get insulted. The point I'm trying to make is that analysts are already discounting the current rate of growth in anticipation of a slowdown. Sort of like when McGwire hits 40 homers through the All-Star Break, you don't trade him on the expectation that he'll hit zero the rest of the way. Rather, you discount the rate of homers to a more reasonable pace. So, having discounted the growth rate, it's insane to sell off the sector on grounds that growth is in fact slowing (which it is not, but that's another story). My last lecture my friend. Lessons is now extra. Prophet eom

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