WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 181.08

+3.5%

Dec 19 9:30 AM EST

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To: Jim Cash who wrote (3298)	6/18/1998 8:49:00 PM
From: Craig Freeman	Read Replies (1) of 60323

Jim, I am a positive guy. I'm positive that someone will eventually get nailed for insider trading; positive that half the guys on this thread will sell at the open; and, positive that selling then will be a giant mistake. If SNDK writes down their inventory by HALF (a bit extreme), that would reduce stockholder equity per share by a mere 4%. IMHO, the news is simply not earthshattering. My guess is that the insiders knew what was happening all along and that today's price is the right price for SNDK. The way things are going, those same insiders will wait until everyone has sold and then buy in for a song. Craig

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