Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jim Greif who wrote (12646)	7/7/2000 6:55:15 PM
From: Michael Kim	Read Replies (1) \| Respond to of 60323

Jim, I agree. Whisper #'s are pretty much THE numbers now - I don't even know why the market bothers with consensus estimates anymore. You can beat the consensus, but you'll blow it if you don't make the whispers. Seen this happen so many times, and it could happen here as well. Also, SSTI preannouncement hurt as well since it must have raised the expectations significantly - i.e., even if SNDK beats the Street AND the whisper by a penny, that might not be enough considering that SSTI will have a huge upside surprise in comparison in what many people consider the same markets (they are not).

To: Jim Greif who wrote (12646)	7/7/2000 10:58:16 PM
From: KevRupert	Respond to of 60323

Jim, I agree with your thoughts about sndk needing to beat the eps expectation! If you look at what ssti has been doing (beating the eps expectation by a lot more than sndk, and with limited results), then I don't see a whole lot of upside regardless of what sndk reports - but rather what they see in terms of orders/pricing out into the future. ad

To: Jim Greif who wrote (12646)	7/8/2000 12:08:32 AM
From: Ausdauer	Respond to of 60323

Jim, I think the gyrations of the market as a whole after SNDK's last quarter's results were responsible, in part, for our poor price performance. Remember the NASDAQ was entering into a significant correction at the time. Also, Seagate undoubtedly "sold on the news" and continued to sell despite the depressed share price. If we do 24¢ or 25¢ for Q2 it is clear the 2000 estimates and beyond will need to be revised. The marked volatility of SanDisk's share price is scaring away new investors. Many will avoid stocks with high beta scores to avoid the gut wrenching falls we have experienced. I am not sure how to fix this problem. Perhaps a more solid investor base or another stock split, or both. I remain hopeful that we won't see a replay of April's deep sag. Just my 2¢ Aus (with the usual degree of optimism)