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


To: Jason W who wrote (18579)1/25/2001 1:18:02 PM
From: limtex  Read Replies (1) | Respond to of 60323
 
JW - I was so shocked by the announcement that it really had me going. But in fact I wasn't the first to predict the stock back in the $20s, that was ZH. Yesterday, yes yesterday I think it was I even posted to him was he really sure that $20s would get another visit.

To think of it! Well it nearly was $20s today.

I just can't figure it out. Even ?INTC said they were doing fine with flash. The MMC card, what on earth happened there.

What if you take out the additional royalties. Then what about EPS???? Every time I think about the numbers they just make me feel very uneasy. And worse still there is massive capacity about to come on stream. What are they going to do with all the wafers from Virginia and the other plants?

Surely I am not the only one who is so taken by surprise over the depth and width of this disaster?

Best regards,

L