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

To: orkrious who wrote (18467)	1/24/2001 5:04:35 PM
From: 5dave22	Read Replies (1) \| Respond to of 60323

<The one thing that surprises me is that Eli was ravingly bullish in the On24 interview a few weeks ago. He talked about there not being nearly enough capacity for some time.> You guys know SNDK better than I - much better. And I'm sure Eli is an upstanding CEO. But I find the contrast in his comments two weeks ago and today rather disturbing. I wouldn't be surprised to see some shareholder lawsuits if the stock gets hammered. But Zeev, I seriously doubt you'll see $31. Dave

To: orkrious who wrote (18467)	1/24/2001 5:30:54 PM
From: hueyone	Respond to of 60323

re:The one thing that surprises me is that Eli was ravingly bullish in the On24 interview a few weeks ago. He talked about there not being nearly enough capacity for some time. I find that Las Vegas interview extremely irritating as well. The interview was only two and a half weeks ago on January 9. I remember commenting at the time (on the SST thread) that Eli was so bullish he made Ausdauer sound like a bear. <ggg> Surely he must have had an inkling by two and a half weeks ago that product revenues would be up only two per cent sequentially. He should have toned down that wild bullishness. on24.com Best, Huey

To: orkrious who wrote (18467)	1/24/2001 5:34:23 PM
From: JRI	Read Replies (1) \| Respond to of 60323

Jay- For a couple years, I held Dell long, and made some fat gains.... (Warning number 1) Then came the Feb. '99 debacle, in which Michael Dell tried to shade things a bit too much- stock took a big hit (post earnings) after company didn't meet expectations...that was the 1st time I had experienced Dell "misstating" things...of course, Dell came out with confident, "all is alright" forecasts.. (Warning number 2) In October '99, 2 weeks after telling analysts that the company would not be materially affected by the Taiwanese earthquake, MD had to eat crow, and admit that the earthquake would materially affect earnings...the stock got pounded...of course, MD came out with "this is a one-time blip, nothing more".. (Warning number 3) In January '00, Dell pre-announced missing their quarter again....only weeks after saying that they would meet estimates... I sold after the 3rd warning...wish I would have sold after the 1st (or at least the 2nd).. My point: SNDK seems to have great technology (proprietary, semi-proprietary to boot), they seem to be in a sweet spot in some fast growing markets, and on a multiple basis (even with reduced growth estimates) the company seems more a value then a lot of other fast growing techs BUT.... Please be careful with ANY stock when the CEO begins "overstating" things...once that "pandora's box" gets out...well...in Eli's case, I find it really irresponsible (and unsettling) that he gave such a glowing account so near earnings, after reading that press release.. goes against his track record from what I can tell (just like MD back in '99) I hope I'm wrong here....I will debate whether to enter long in the next few days....but Eli's "Jekyll/Hyde" routine...well, let's just say I've seen it before, and it can be scarier than the book...if nothing else, keep your eyes/ears wide open going forward... BTW- I have no current position in the stock (although I was laughed at a couple weeks ago for exiting at 36+). It'll be lucky to open their tomorrow, IMO... Good luck to you....