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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (6592)	8/10/1999 5:58:00 PM
From: Jim Greif	Read Replies (1) \| Respond to of 60323

Jay and Thread, Chatter on the thread has been remarkably quiet lately. I suppose everyone is depressed that we're no longer hitting new records every day. And we're 10 dollars off of the highs. Be of good cheer!! We're still a long way from $20 a share. It's been a remarkable summer. I believe that it's highly encouraging that we're bouncing around in the $60-70 range. It seems the market has decided that SNDK belongs in that area. I think we'll probably stay in that area until the next quarter's earnings come in. Since I hit the mark with my last prediction on earnings, I'll go out on another limb--I think Q3 will surpass expectations by a penny or two. Moreover, I think Q4 earnings will bury the forecasts. Based on the expected timing of the MP3 players to market, I wouldn't be surprised to see Q4 earnings in the high-20-cent range. Jim