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

To: orkrious who wrote (7039)	9/23/1999 7:32:00 PM
From: Sam	Read Replies (2) \| Respond to of 60323

Art, Jay, I think 65 is a good price to buy as well, thinking long term, but--think back to May or so. If someone would have predicted a 65 dollar price in September, I think he/she would have been greeted with a little derision, even if grateful/hopeful derision. I think the market is ripe for a correction. If there is a sharp general correction, stocks like Sandisk--which is to say, high PE, PSR stocks--will get hit. I wouldn't run out and put too much money into options which will expire in the month or two. Last Aug-Oct can happen again, stocks could get sold down to some pretty fearful, fundamentally unjustifiable levels. I would have been happier about this if they had managed to get the secondary off before it. Though their cash position is pretty strong as it is, even given that they will have to add some capacity. They can afford to put it off, and, I hope, will do so if the stock doesn't rebound pretty sharply. Sam

To: orkrious who wrote (7039)	9/24/1999 4:56:00 PM
From: Ausdauer	Read Replies (3) \| Respond to of 60323

Jay and Thread, Some encouraging statements... Taiwan chipmakers powering up: Next step is restoring production capability. cbs.marketwatch.com SanDisk remains silent. I can only suppose that i) either they would recapitulate known information (and feel no recapitulation is needed), ii) are carefully crafting a response and wish to have all available data before commenting, or iii) are constructing a response that will address capacity issues rolled in with an update on the secondary and a glimpse at Q3 revenues as a pacifier*. *(Some companies that I follow will preannounce gangbuster revenues, but not specifically comment on earnings. The only problem being, if you do it once then it is expected the next time. IMHO, that is just not Dr. Harari's style.) Just me thinking aloud. The silence is deafening. Ausdauer