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Technology Stocks : WDC/Sandisk Corporation
WDC 161.03+3.5%3:59 PM EST

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To: Michael C. Woodward who wrote (2479)1/29/1998 1:33:00 PM
From: scott  Read Replies (2) of 60323
 
<<I checked Yahoo's Research on SanDisk this morning. Not quite as good as I would like to see. I think that it will improve 2H '98.

Strong Buy 1
Moderate Buy 4
Hold 0
Moderate Sell 0
Strong Sell 0 >>

I have come to view an overweighting in Strong Buy opinions as a strong contrarian indicator. No room for upgrades .....only room for downgrades. i.e. I am glad that more opinions are moderate buys rather than strong buys. .....other opinions????

Still holding and will wait to see how all the CF applications pan out. IBD had recent chart showing expected shipments of digital cameras to grow from '98e of just over 1 Mill to '00e of close to 3 Mill. Growi ng at a compound rate of around 65% per year??? Also, as mentioned on this thread so often, this is just the digital camera market. What about all the other potential applications. I think this investment (SNDK) still has GREAT potential but it will take a lot of patience
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