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Technology Stocks : WDC/Sandisk Corporation
WDC 155.45+3.0%Nov 25 3:59 PM EST

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To: Robert Stewart who wrote (296)12/30/1996 9:08:00 PM
From: Marc Phelan   of 60323
 
Marlin,

>> It looks like the .15-.18 estimate with optimism to the upside should have been pessimism to the downside.------

I don't think you are reading it right.
It appears that the earnings will be in line.

They said "operating income should
increase in the fourth quarter from third quarter levels".

The third quarter was .15 so we are looking for a number above that.
The question of revenues staying flat is the downside. The deal with Sharp Corp should offset a little bit of that negative perhaps?

They also said things look well for long term. FWIW

Good luck,

Marc
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