WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 152.88

-5.9%

Nov 18 3:59 PM EST

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To: David W. Tucker who wrote (4515)	1/26/1999 4:10:00 PM
From: OrionX	Read Replies (1) of 60323

Do you all really believe the stock is worth and can support today's price after reduced earnings vis-a-vis the last 12-18 months? I too have been following this stock for a while. When it got to $40 it was way ahead of itself and that's when earnings were much better like 0.80/year. Today, we're looking at about half of that and yet the price miraculously resurrects to the secondary offering? Is this pure coincidence or something else? I don't know but I've learned my lesson from before so I took my profits. The stock may rise further, but I don't feel comfortable enough to hold. Good luck to all.

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