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

To: Art Bechhoefer who wrote (11191)	5/19/2000 11:04:00 AM
From: megazoo	Respond to of 60323

We can all speculate but the market already knows about it. We are getting f****d (that's the bottom line). Same thing happened with HLIT early this week. The market is ALWAYS right.

To: Art Bechhoefer who wrote (11191)	5/19/2000 11:36:00 AM
From: Greg h2o	Read Replies (1) \| Respond to of 60323

either way, it's difficult to catch a falling knife. while i think SNDK is a great company, it's just fallen through my target buying price of $60. i'm waiting to see where it lands so i can pick it up safely (relatively speaking). SNDK is still trading at over 50x '01 earnings estimates, with earnings growth expected over the next year of less than 25%.... could fall further on some of the valuation. also, Seagate has the right to distribute up to 30% of SNDK's sales. to my knowledge, they have yet to exercise that right and if they did such it could have a materially negative affect....