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Technology Stocks : WDC/Sandisk Corporation
WDC 178.23+0.8%3:59 PM EST

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To: limtex who wrote (18942)2/5/2001 7:50:45 PM
From: Zeev Hed  Read Replies (2) of 60323
 
limtex, the market has predicted many more recessions than have actually occurred. Right now, I do not think we are even going into what is classically called a recession (two consecutive quarters of negative growth in GDP). Eli is doing the exact right thing in getting Virginia open. It takes a good six month of debugging this type of facility, and by the time they are ready to ship in volume, the market for the product will be there and willing to absorb this capacity, IMHO. That has nothing to do with my opinion as to what the stock might or might not do in the next month or two. By January next year, I am willing to say that SNDK will have exceeded $56 (a double from today's prices), to many readers on this thread, this is what counts.

Zeev
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