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

To: Art Bechhoefer who wrote (15149)	9/28/2000 3:45:12 PM
From: Road Walker	Respond to of 60323

Art, I'm not saying the market won't go lower, the pendulum may swing past fair value, economic conditions may change, lots of things can go wrong. But I think the long period of over-valuation is coming to an end, and in a nice, orderly way. It will be interesting to see what the FOMC does on Tuesday, there has been very little speculation about this meeting. It's conceivable (but a long shot with the election) that they could lower rates. If they take a neutral stance, I think it will be positive for the markets. If they maintain a tightening bias, I think it could be a serious negative. I'm looking forward to SanDisk earnings (10/18?), and the 4th quarter. I think SanDisk will get a lot of publicity with shortages of CF cards, folks not being able to buy sought after Christmas gifts, and that will propel the stock price. It's a nice thought anyway <g>. John