WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: OrionX who wrote (1247)	11/3/1997 1:49:00 PM
From: Michael A. Gottesman	Read Replies (2) of 60323

Mauro: Don't you think with the mid-Oct. tanking of the stock and the history of the conservative statements by Eli, and the dilution of interest by the secondary offering, that it is unlikely that we'll see a substantial run-up? The market has to still have a sour taste from the drop from 40 to the mid 20s. I think we'll se a rise to about 28-29 and perhaps a slow rise through the next quarter until 4thQ earnings announcement in 1/98. Don't get me wrong, I love the prospects but I've definitely shifted this stock from my short folder to my long folder.

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