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: Jerome Wittamer who wrote (1850)	11/28/1997 1:27:00 PM
From: limtex	Read Replies (2) of 60323

For the avoidance of doubt I am long and I want to go further. See my post of 25th November. I said then watch out we could see much lower than $25. It now looks like were on our way to the teens. I supose that there is a rational expalanation for a company with these fairly immediate prospects to drop in value by over 20% in a couple of weeks where as a company like Teligent which cannot hope to make a profit for a few years yet and even then will have a slew of competitors goes up over a dollar. And all this while the tech stocks are rebounding. Anyone got any ideas I've learned a lesson for the second time but I'd just like someone to explain it to me.

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