WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 151.57

+9.0%

1:04 PM EST

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To: ColtonGang who wrote (14926)	9/22/2000 11:48:04 AM
From: Dale Knipschield	Read Replies (1) of 60323

David, Here's what this: "The fact that the industry reached the $3 billion mark for orders is perhaps more significant since this occurred in August, traditionally a weak month for the semiconductor equipment industry," said Elizabeth Schumann, director of industry research and statistics for SEMI." Was translated to by Reuters in a release this a.m.: "The (stock price) declines came as industry statistics released late on Thursday showed that North American-based makers of semiconductor equipment saw bookings for new orders grow to $3 billion during August, in line with the muted expectations of recent months." "muted expectations"? Where in hell did that come from? Hardly a fair interpretation of the original paragraph, I'd say. I am sick and tired of analysts and the whole media coverage crowd. If the people that run the companies we invest in, were as inept and incompetent as these analysts and reporters, all tech companies would have been out of business a long time ago! Regards, Knip

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