WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: Road Walker who wrote (24405)	12/23/2003 1:29:53 AM
From: limtex	Read Replies (1) of 60323

JF - What makes you so sure that Institutions have much better info than we have? These are the same institutions that sold this stock down to single digits not so long ago. The "bubble" word again How do institutions know how much flash is going to be required next year or the year after. Institutions are quite conservative and they tend to work on the Missouri principal...ie Show Me....but show me doesn't work in this game since you have to put up first. What do you mean SNDK has overperformed. How do you know it hasn't underperformed? What is it makes $4 per sahre next year or at the rate of $4 per share. Are you suggeting that people shouldn't be allowed to buy stocks whose historic P/E rise above a level that you consider reasonable? Should it be illegal for individuals to pay over a certain P/E? And while we are at it should it be illegal ot pay over a certain price for a painting or a super bowl ticket? Come to think about it market economies are a little difficult from time to time so lets abolish them too. THat is how to really stop "Bubbles" once and for all. Stalin never had a bubble. L

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