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

To: Brian Sullivan who wrote (7596)	10/13/1999 7:27:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Brian and Thread, c.c. and earnings reflections... First, the Reuters report you posted is brief and does not do justice to the current situation. I hope it is interpreted in light of the multiple other positive aspects of the SanDisk earnings report. Second, I don't think that Eli should have to take the abuse he did in the conference call. Year-over-year revenues and earnings are extremely strong. The balance sheet remains strong. And they are allocating deliveries because demand for product is extremely high. They foresee the earthquake impact being confined to Q4 and expect to meet analyst expectations for 2000 eps. This is great news. Indeed, this is not the "blowout" I had predicted, but it is a very, very respectable quarter. The entire flash memory industry is booming now. All manufacturers are hurting for raw materials. SanDisk is addressing growth related issues by breaking out of the dependence and limitations of the fabless model. It has great plans to strike a final arrangement with two electronics giants in the first quarter of 2000. Third, obviously, I have no intentions to sell any of my shares. I have increased my personal holdings substantially over the last few weeks and have the patience to stay the course that Eli and Crew have charted for us. I repeat my interpretation of recent releases as being significant and contributing substantially to the long-term growth of this company. Fourth, I hope that institutional investor and small, private investors alike are able look ahead into the future and visualize the markets that SanDisk is serving and to see how SanDisk is positioning itself as major players in these markets. Finally, I am glad I am not required to report my quarterly gains or losses like most of these institutional guys do. My only concerns are for the long term appreciation of my investment. I believe that Eli and his crew share this same long-term view. Eli, no apologies needed for a record quarter!!! Go SNDK! Ausdauer

To: Brian Sullivan who wrote (7596)	10/13/1999 7:39:00 PM
From: Don Hess	Read Replies (2) \| Respond to of 60323

Apologies to all for interrupting this very excellent discussion of the conference call with a personal anecdote. Those uninterested, hit the "next message" button now. Those long-timers here will know me as one who has been a SNDK long for a long time. Recent price fluctuations cannot help but reminding me of the past: After the awful $5 days, SNDK hit its first rapid appreciation, best summarized on this board (by an author whom I regrettably cannot recall, but I shall quote anyway) who gave us: The Sun has got his hat on. Hip, Hip Hooray. The Sun has got his hat on And he's coming out today. Odd how I committed that to memory but forgot the author. In any event, the Sun and his hat brought us to $37 5/8ths, if memory serves. I sold half of my holdings at an even $37, and posted on that same day that I felt like a fool for doing so, as I believed the company had considerable upward ability from there, but just had to take profits and secure my portfolio. A few weeks later, the stock was at $18, and somebody posted here that I was a genius. No, just lucky. Feeling $18 was stupid, I then bought 20% of my original position at $20. I knew at the time it was a solid gold buy. Now, we are halved again. This time I wasn't "genius" enough to sell half at $95, indeed, I haven't sold a share since that $37 transaction. I did buy, though, and this morning, at a now steep $53 3/4. And you know what? I think it is a solid gold buy. I won't be surprised if my $53 shares are trading at $33 tomorrow morning, but neither will I care. There is nothing -- and I mean NOTHING -- wrong with the fundamentals of SNDK, indeed the company is stronger now that it was at $5 or $37 or $95. I think we will see $95 again before year's end, and with the glowing comments made about 1Q 2000, $150 by April. I may be wrong, but I don't think so. I hate losses on stocks that I get into on a whim. I don't mind them on stocks, like this one, that have a solid story and an undeniable future. I recall the words of yet another SNDK thread member --the name again escapes me -- who said two years ago that there is one and only one person whose words have appeared on this thread who has never, ever been wrong. His name is Dr. Eli Harrari. Eli likes the future, so do I, and I am confident that my purchase this morning, which returns me to holding as many shares as ever, is a wise investment. Time will affirm. - Don