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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: OrionX who wrote (705)8/29/1997 10:46:00 AM
From: OrionX   of 60323
 
In my last post I said "Sandisk will be worth the 30+ in the near future (6-12 months) but for now, I think it is only euphoria". While that diminishing euphoria and general market have lowered the stock from it's high, I now believe the 30+ stock price will be justified sooner (of course that depends on how the overall market behaves). From what I see all around me, every electronics/computer store is promoting digital cameras like there was no tomorrow. I know Sandisk's products have made strong inroads into other markets such as medical and military but the digital camera, I believe, is the largest mass market item for Sandisk's CF. IMHO, it looks to me like this qtr is going to be a banger for SNDK (big sales volume and BIG royalties care of Samsung et al) which should provide support for the stock at the 30+ range. At least that's how I see it and am hoping for. Any comments?

Regards,

Mauro.
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