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Technology Stocks : WDC/Sandisk Corporation
WDC 152.88-5.9%Nov 18 3:59 PM EST

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To: Zeev Hed who wrote (15223)10/1/2000 8:42:25 AM
From: orkrious  Read Replies (2) of 60323
 
I now believe that SNDK may be availble in the low $40' possibly within the next six months and I have a target bottom of about $28-$32, within the next 12 months

Zeev, even assuming that your bear market thesis is correct, is it not possible that SNDK will be one of the few hundred stocks that will end next year higher? I suspect that even a recession (which I believe you define as two quarters declining GDP) will not stop the massive migration to digital photography. Even with all of the new capacity coming on line, Eli says he doesn't see capacity catching up with demand for years. Right now SNDK is selling for less than half its growth rate, and the royalties side should hold up well.

Jay
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