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Technology Stocks : WDC/Sandisk Corporation
WDC 236.39-2.8%Jan 23 9:30 AM EST

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To: Road Walker who wrote (18546)1/25/2001 8:30:51 AM
From: capt rocky 1  Read Replies (1) of 60323
 
all: the reason for the slump in camera sales was the market falling on it's face from sept. on. although christmas sales were strong , they were nowhere near what they could have been.retailers buy well in advance of season . thay have inventory left and will not order as heavy in the coming quarters. lets face it . digital cameras are a upper middle class item. the very class that was hurt by the tech. wreck.we need either /or the prices to come down to levels of the ordinary purchasers or the market to make money for the upper mid. so they loosen the pursestrings. gas prices also got rid of disposable income. if sndk hits 20 anything i'm in again. rocky. also if prudential downgrades this stock too. it is a good sign.
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