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

To: Dale Knipschield who wrote (14527)	9/6/2000 11:12:24 AM
From: Jason W	Read Replies (1) \| Respond to of 60323

BTW, the silence is deafening on this thread on this a.m. We rise above the FUD..The silence is confidence and patience, IMO... Jason W

To: Dale Knipschield who wrote (14527)	9/6/2000 11:25:49 AM
From: Sam	Read Replies (1) \| Respond to of 60323

After the huge move up in August, it isn't surprising to see profit taking post Labor Day. The SOX index is down about 4.5% right now, all the semis are getting hit, not just MU and INTC. A lot of cross currents, with a battle for mind share going on between those who believe--or profess to believe--that the semi cycle will end sometime in '01, and those who see it continuing for at least a year or even two after that. Bound to be anxiety, and a lot of volatility, which is what we're seeing both up and down. Flash companies are getting especially hard hit today, with SSTI, FLSH, ATML and SNDK all down over 6%, but then, they also had an especially good August, so it probably makes some sense, if short term moves ever actually make "sense". As for the silence: my own opinion is that it is far preferable to the endless chatter on Yahoo. Sam

To: Dale Knipschield who wrote (14527)	9/6/2000 11:50:09 AM
From: Michael Kim	Read Replies (2) \| Respond to of 60323

Anyway, it seems to me that these analysts should somehow be held accountable for their actions when vague warnings tank a whole sector. Their influence is far more than it should be, in my estimation. Is it the analysts' fault for offering an opinion (regardless of how misguided it may be or whatever ulterior motives may lurk beneath it), or is it the investors' fault for reacting to it?

To: Dale Knipschield who wrote (14527)	9/6/2000 12:50:45 PM
From: Tumbleweed	Read Replies (1) \| Respond to of 60323

If MU's memory business is growing soft, then so must SNDK's!", would be the logic that uninformed investors (which is most of them) are using today as they rush to the exits. Then, as we here are informed <g> investors, we can (if we have any spare cash, which leaves me out) use occasions like this as an opportunity, rather than as a problem. The only price that matters is the one you get when you sell, so unless you were planning to sell now or in the next few days, you have an opportunity to buy some more below 90. I doubt we will see that again after the results (due in a couple of weeks?) I bought my last batch on the way down, when I thought SNDK had hit bottom or thereabouts, at 67. I think the bottom was in the mid 40's somewhere? But I still have them. I was even considering just buying 10 shares so I could sell them when it had doubled and get my next digicam 'for free'. I may do that now. I dont suppose the margin interest on $850 will kill me. Tw

To: Dale Knipschield who wrote (14527)	9/6/2000 3:37:41 PM
From: Yogizuna	Read Replies (1) \| Respond to of 60323

It is always fascinating to me when my TA work coincides with some downgrade or upgrade story..... The reason why the analysts often have so much power is that most people are in fact "sheeple" and do what they are told so they can blame someone else if things do not turn out as expected! <LOL> I agree with you though that it is sometimes all too much, and we grow sick and tired of the whole spectacle..... Yogi

To: Dale Knipschield who wrote (14527)	9/6/2000 4:27:41 PM
From: Starlight	Read Replies (1) \| Respond to of 60323

I am always suspicious of analyst downgrades. They mostly seem to come at "illogical" times, and my personal feeling is that it's a contrived way to knock the stock down to lower levels, allowing certain buyers to get in at better prices. JMHO

To: Dale Knipschield who wrote (14527)	9/6/2000 7:02:53 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Europe, Middle East and Africa... First China, now an expanding presence for SanDisk in other corners of the World. I noticed SNDK was blowing their own horn a bit here... Gerrit Van Hofwegen, EMEA retail sales manager, said, "Product revenue from SanDisk's Europe operations accounted for 16 percent of all product revenue in the first half of this year. In 1999, Europe's product revenue was 11 percent of the company's total product revenue. SanDisk's total revenue during the first six months of 2000 was $253 million, surpassing the $247 million in revenue recorded during all of 1999." Ausdauer