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

To: Rocky Reid who wrote (10058)4/3/2000 6:47:00 PM
From: Zeev Hed  Respond to of 60323
 
Rocky, not only your observation, but in the process, SNDK breaks some important support at $109/$110 and closes below that level. I think we might have another 10% to 20% downside risk before we see some stabilization. If we enter a down to earth "1970" style bear market, then 50% from the top is also possible (it is not that far anymore), and long term, the stock will still be a "find".

Gee, I start to sound like I did on the RMBS thread in the $60' late last year, that is dangerous.

Zeev



To: Rocky Reid who wrote (10058)4/3/2000 6:53:00 PM
From: rll  Read Replies (3) | Respond to of 60323
 
"Sandisk's Patent in question is broad enough to estimate that most if not ALL solid state storage devices will have to enter into license agreements with Sandisk."

Rocky,

Let's not get carried away. SanDisk's patents are for flash solid-state memory. There are a few promising new technologies that could be commercialized in the next year or two which could replace flash.

rll


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