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Technology Stocks : WDC/Sandisk Corporation
WDC 171.17-1.7%9:31 AM EST
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To: JRI who wrote (15818)10/20/2000 1:56:23 PM
From: Jim Greif  Read Replies (2) of 60323
 
I, too, am confused by the market's reaction. We have had two quarters in a row of outstanding earnings, but the stock languishes. Why?

I listened to the conference call, and the only small negative that I could draw was that supplies of flash have improved and that we are no longer unable to meet customers' requests. Even that seems to be a minor point.

And the overall tone of the call was extremely positive, with a big 4th quarter foreseen.

Anyone have any guesses about why we haven't shot up?

Jim
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