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

To: Tumbleweed who wrote (7227)	10/1/1999 4:20:00 PM
From: Ausdauer	Respond to of 60323

Joe, "Looks like I was premature buying earlier this week." I told myself the same thing from April of 1998 through March of 1999. As somebody once told me... "I think you really need to keep a long term perspective on things if you are investing in SanDisk." Ausdauer (my portfolio said "ouch" again today inbetween big gulps for air)

To: Tumbleweed who wrote (7227)	10/1/1999 4:53:00 PM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 60323

It looks to me like the short sellers have jumped in, forcing the stock price down. It will be interesting to see the short selling data as of the middle of the month, compared to September. The price movement here begins to look like QUALCOMM prior to last April. QCOM had been a favorite of short sellers until it became apparent that CDMA was the technology of choice for digital cellular. It didn't hurt that all the patent infringement suits against QCOM were won by QCOM outright or settled in its favor. This could happen with regard to the Lexar suit. Once the investment community recognized the value of the QCOM patents, and once the WSJ and BARRON'S decided to refrain from bashing the company, the stock quadrupled. The PIC card for medical information seems to be a significant development that so far has not been recognized as such by the investment community. Because of the stability this kind of application can bring to revenues (which for music players and digital cameras can be quite cyclical), SNDK for the first time looks like a $100+ stock.