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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST

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To: Ausdauer who wrote (5420)4/15/1999 3:34:00 AM
From: Rex Dwyer  Read Replies (1) of 60323
 
But as far as the stock price is concerned, it will be bumpy.

Yes, I expect the high teens tomorrow. EPS growth is not big enough.

What do we do from here? If this is what we get in 1Q99, then 3Q99 and 4Q99 will bed great. But the market can't be assured of that. With an outlook of a flat Q coming up, the stock can't rally. But when word starts to get out that 3Q99 is becoming a blockbuster, the stock can then run.

Guess I'll have to wait till then... AGAIN!!

But remember that this is a still a company that will have to compete in a low margin business. Only with price stability can the company really rake it in.

Rex
$23 1/8
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