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Technology Stocks : WDC/Sandisk Corporation

WDC 164.22

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3:16 PM EST

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To: Craig Freeman who wrote (19707)	3/18/2001 11:14:44 AM
From: Art Bechhoefer	Read Replies (2) of 60323

Craig, unfortunately the worst may be yet to come. An article in the Saturday New York Times indicates that the Administration's desire to provide anti-missile and other defense hardware to Taiwan is viewed very negatively by China. The Administration is setting itself up for retaliation by countries such as China, which would, at the drop of a hat, be willing to drop all its deals with U.S. companies (e.g., QUALCOMM) and deal only with more moderate European companies. This retaliation would affect the whole economy, particularly if the end result is to diminish the export market for U.S. made technology products, including those made by SNDK. When one sees what is going on in the area foreign policy, one cannot be anything but pessimistic. Art

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