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Technology Stocks : WDC/Sandisk Corporation
WDC 179.56+0.7%9:30 AM EST

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To: jkb who wrote (4471)1/25/1999 6:56:00 PM
From: Tom Gebing   of 60323
 
Looks like we may now see this company act like a growth stock. Note the comments from the earnings release..... I expect we will see higher prices from here. Long and loving it.
Regards to all ....

Given the recent improvement in bookings, we are optimistic that the first quarter of 1999 could be slightly better than the fourth quarter of 1998 thus bucking the trend of first quarter seasonal weakness experienced in 1997 and 1998. Several market surveys suggest that SanDisk's markets will enter a sustained growth phase in 1999 and beyond. It appears that numerous market applications for flash storage are responding favorably to the tremendous price reductions we achieved in 1998. This positions SanDisk exceptionally well to benefit from the anticipated growth ahead." </i/
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