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: James Choi who wrote (1459)	11/11/1997 9:07:00 PM
From: john david martin	Read Replies (2) of 60323

I don't understand all of this talk about why this stock cannot go up. Intel, and lack of institutions have been mentioned as holding this stock back. I don't think so. First of all this stock went up almost FOUR FOLD a few months ago and momentum was stopped because of the CEO's conservative cautious comments (12 to 40).All this happened with Intel and lack of institutional buying. In the last few weeks this stock went from a low of 22 after Asia crash to almost 31 a gain of almost 50%, what other post crash stock went as high. Are we all forgetting the fantastic runnup this stock is capable of on a few good strong comments about future earnings that are sure to follow. The market is very nervous and cautious now when things break this stock will move up dramaticly maybe not another four fold but this stock will double within the year for sure in IMHO.

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