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

To: Starlight who wrote (16862)	11/29/2000 9:06:14 AM
From: Ausdauer	Read Replies (3) \| Respond to of 60323

Betty, Still trying to digest how PALM, HAND and RIMM can sport a combined market cap of $32 billion despite the competition they represent to one another and the threat that Microsoft represents in the background. All along we are languising here poised to produce cards for multiple, potentially enormous consumer and business markets. SanDisk EPS will triple in 2000 over 1999. What the hell are we missing? I understand Pocket PC now has captured 14 to 17% of the handheld market and Compaq can't make iPAQ fast enough to keep up with consumer demand. Aus

To: Starlight who wrote (16862)	11/29/2000 7:03:13 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 60323

Betty, you have a good point there on tax selling. It doesn't explain to me, however, why people would want to sell SNDK at a time when its earnings are so good, compared with other companies. For example, why wouldn't we see a real drop in AMZN, a company that hasn't ever turned a profit and has so much debt and preferred stock in front of the common that it's unlikely common shareholders will see any earnings for another year or more? I look at INTC in after hours trading, down near 37, and I think that if a company that good can sell at less than half its earlier high this year, then those of us who own SNDK can't expect much near term improvement. It's not a symptom of a bear market, but more like a chicken market. Everyone is too chicken to buy anything. Art