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Technology Stocks : WDC/Sandisk Corporation
WDC 162.40+2.9%Nov 17 3:59 PM EST

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To: Steve 667 who wrote (3808)10/15/1998 1:33:00 PM
From: Jerome Wittamer  Read Replies (1) of 60323
 
The balance sheet has been strengthened, inventories decreased, deferred revenues increased. Mgt remains super conservative.

Highlights for next Q : products to be announced soon, strength of Yen, Xmas sales, retail presence in USA and Japan, MMC sales.

Famous downside : no visibility.

It seems this was enough to move the stock more than 22%.

SanDisk has not yet stopped to amaze us.

FYI, I sold my shares today @8 1/16. Quick gain is enough.

Jerome
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