WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 171.46

-8.4%

11:35 AM EST

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To: Ausdauer who wrote (3165)	6/3/1998 2:52:00 PM
From: Yakov Lurye	Read Replies (3) of 60323

Ausdauer, My (admittedly simplistic) view is that SNDK will continue to trade with the sector. Current lows could be violated if SOXX (semiconductor index) falls below the critical 240 support. IMO, chances are good that Intel will not warn and that 240 will hold - in which case SNDK will move up from current levels. (Of course, I also thought that SOXX 285-290 support will hold and bought SNDK at 20 when SOXX was hovering around 300. Since then SOXX is down roughly 20% and SNDK is down roughly 20%). I think there's nothing wrong with this company and that they will be able to sell flash profitably even as it becomes a commodity. Nothing is ironclad, but their patents and the "no hype" conservative management style exhibited by Ely are good enough for me . BTW, thanks for your thoughtful posts. Y.

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