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

To: Jim Greif who wrote (10418)	4/17/2000 2:15:00 PM
From: Rocky Reid	Read Replies (1) \| Respond to of 60323

Jim Greif wrote: >>I may be wrong, but the market is so negative now that even a good earnings report isn't likely to carry us back much beyond $100. I have the feeling that we won't see a new high for Sandisk for 8 or 10 months.<< Unfortunately, I think you are correct. This market is in very real danger of being Broken. At the very least, many stocks are going to be severly damaged broken during this-damaged for perhaps a long time. The entire semiconductor industry could be broken as well. Once a sector or a stock is severely damaged, it doesn't really matter what their earnings are like. The stock is simply going to sit there. I hope that the Realities of portable storage aren't lost in this market mayhem. Technology isn't going away. Progress isn't going to stop. Real Earnings and Revenues like the kind Sandisk realizes are not Pie-in-the-Sky dreams of a 1000 PE .Com no-earnings stock. Sandisk makes real products that sell really, really well. And emand for these products is growing very very rapidly. I hope that Reality can overcome technical and psycological damage.