WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Bill Zeman who wrote (4607)	1/30/1999 5:49:00 PM
From: David W. Tucker	Read Replies (2) of 60323

Bill: I think your comments are right on. This stock has been frustrating in the past, so people might be expecting a typical pull back all the way down to the low 20s or worse. This time I just don't see it unless the whole market tanks. You can see from the trading record that this stock is being accumulated daily by large firms now. We just heard Eli's predictions, and he has established a record of being correct for the last year and a half. The cyclical semiconductor stocks have been making similar reports this month. Plus we have the NEWNESS of the technology itself. We're not talking about buying railroad or oil stocks here. This has growth written all over it. So I feel that now is the time to buy for the long term. If you're waiting for the low 20s it might not happen. Of course, if you don't believe in this theory, then now is a great time for profit taking. I just can't help but be very bullish on this stock both short and long term. dave

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