WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 215.00

+0.5%

3:59 PM EST

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To: Michael Young who wrote (947)	10/16/1997 10:24:00 AM
From: Michael Anthony	of 60323

>>These guys need SEQUENTIAL growth to feed the expectations beast.<< Well, expected for the this qtr was 17c and next 19c. Total, 36c. So they make 27c and will be flat next qtr which, if you look at the first call est of 19c for next qtr, is not new news. So 27c + 27c = 54c as opposed to 36c est. Here's a question: Would momentum players be happier with 22c and 27c? That looks good sequentially, but not as good as 54c flat. I bought more at 30. If they made 22c and said we will also make 27c next qtr, we would be at 40. Instead they'll make 54c between this qtr and next and it sells off. I'll take those shares thank you very much. Remember, flat earnings next qtr was not news. Look at first call. It's the secondary that's causing trouble, not the sequential growth crap. You can't beat every est by 58% every quarter. If the secondary is smaller than expected, we'll be right back at 35-39 again.

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