WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 240.87

+1.9%

Jan 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Michael C. Woodward who wrote (2397)	1/18/1998 7:13:00 PM
From: Jim Cash	Read Replies (1) of 60323

<<What you must understand is that public companies have to be cautionary and avoid surprises in the marketplace>> Michael, I agree with everything that you are saying 100 %. Either you are missing my point or I am not communicating effectively. We want no negative suprises.. However in this situation no suprise was forthcoming, the Dr. threw cold water on us for no reason whatsoever. He stated that earnings would be flat quarter to quarter. However the "Flat" earnings of the next quarter would still have BLOWN AWAY the almighty estimate. What happened is that the street heard "FLAT" and the stock tanked.Since then analysts have raised the estimates for this quarter to equal what we earned last quarter. We missed a big run on last earnings and another run this earnings when our "flat" earnings would have blown away the original estimate. I don't think I'm being way out of line in thinking SNDK could possibly be testing 60 rather than 20 if the good Dr. simply did what he is paid to do. Run the company and warn us when you are NOT going to meet estimates..

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next