WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 3:59 PM EST

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To: Craig Freeman who wrote (5187)	3/23/1999 10:38:00 PM
From: Bill Zeman	Read Replies (3) of 60323

Thread: To update my scenario on why the stock is falling: Small investor panic caused by option writer selling on Friday continues today, but now more substantial panic caused by weakness in the semi-conductor market and 1st quarter earnings worries heightens both the decline and the volume. Option writer is no longer a factor, probably bought back in today with a hefty profit. I am wondering. Are the low 20's really that good of a price for SNDK. The low 20's would still be 3 times book value? Could we see a more attractive 14 or 15? I would rather buy at 1.5 or 2 times book at the most. Am I only dreaming? If we have another major tech wreck like we did last summer and fall could SNDK get down into the low teens? All comments welcome. Bill Zeman 26 5/8

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