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Technology Stocks : WDC/Sandisk Corporation
WDC 156.65-5.7%3:25 PM EST

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To: Tumbleweed who wrote (14608)9/8/2000 11:20:04 AM
From: Ausdauer  Read Replies (3) of 60323
 
"Are you suggesting that today's drop is to do with the Lexar lawsuit?"

The market hates uncertainty. Weaker hands who have enjoyed the recent ride up on SanDisk will undoubtedly bail out here. The problem being that we need a broader base of investors who have an interest in SanDisk's long-term prospects and who are enthused about the revolutionary products that SanDisk has brought to the marketplace. As more people buy and enjoy products based on SanDisk's innovations the investor base will grow.

Further, if we continue on the same growth trajectory I am hopeful that our second split will be realized at the Q3 c.c. This will hopefully increase the individual investor base and smooth out some of the volatility in the share price.

Again, I am reassured by Eli's comments. It confirms everything I believed to be true about the current situation.

Aus
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