To: limtex who wrote (18577 ) 1/25/2001 1:42:31 PM From: Zeev Hed Read Replies (1) | Respond to Limtex, SNDK is a relatively young company, and missteps as the last quarter are to be expected, that does not change the basic fact that they are in the fulcrum of a minor technological revolution in some consumer electronic products. There is no "danger" to the corporate life of SNDK, that I can see, they are flush with cash and have taken the necessary steps to provide capacity for the next wave of consumer demand. I don't know if the current malaise will translate into a true recession or not, the rapid collapse in consumer confidence indicates to me a possibility of such an event. Greenspan is testifying right now, and he believes that the current malaise is nothing more than a sharp "invetory correction", who am I to argue with AG? If we do not go into a recession, than the next wave down of the Naz will probably just establish a double bottom and in 9 months, anyone that bought SNDK here should look back and tell himself how smart he was. If this inventory correction turns into a recession because of continuos retrenchment of the consumer, than, in the next nine months there are probably going to be opportunities to buy SNDK much under today's lows. Unfortunately, I have no idea which it will be.
