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

To: Jim Greif who wrote (6593)	8/10/1999 8:58:00 PM
From: Sam	Respond to of 60323

Jim, <<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.>> I hope that that limb doesn't get too heavy, as I join you there. I'm not quite as confident about this quarter (though I think estimates will likely be surpassed somewhat), but I don't think estimates have been officially raised for the Dec quarter, and believe with you that SNDK will blow them away. It is probable, though, that even though official estimates haven't been raised, unofficial ones have been, judging from the stock price. Neither am as sure that we will stay above 60 until the next report, though it is possible. It might even be healthy to go back to the 50s for a bit, and shake out a few of the weaker hand before going up. I'm still optimistic that we will be higher by February than we are now, and perhaps by a pretty fair bit, if the general market holds up. FWIW. Sam