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


To: limtex who wrote (17745)12/28/2000 1:40:44 PM
From: ColtonGang  Read Replies (1) | Respond to of 60323
 
Pitiful manipulation.



To: limtex who wrote (17745)12/28/2000 2:11:19 PM
From: Sam  Read Replies (1) | Respond to of 60323
 
L,
What can I say, I'm hurting on this one too, as well as on several others. I still chalk it up to ignorance, but who knows, maybe it's my ignorance. I can't say that I believed at any time in the past year that the stock would get this low, but everything connected with the semi sector is being taken out and shot. Is it all justified? We'll have a better picture in another 4-6weeks, after the next round of CCs, and an even better picture in 6 months. In the meantime, John Josephson (is that his name? at SSB, I think it was) it would appear may the next tech seer, as his call last summer may have come very very close to hitting the top of many these stocks--at least close enough for me. Unfortunately, I didn't act on his call.

However, I just can't believe that demand has dropped off a cliff, as the action in these stocks seem to be suggesting. Nor do I believe that the flash capacity that is being added will actually overwhelm the marketplace, especially in the cards that SNDK makes (or in the low density embedded flash that SST specializes in). But we shall have to see.

Sam