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

To: Road Walker who wrote (18795)	1/29/2001 3:53:43 PM
From: Road Walker	Read Replies (2) \| Respond to of 60323

Anybody ever remember SanDisk trading in a 1 1/18 range for an entire day? John

To: Road Walker who wrote (18795)	1/29/2001 4:12:26 PM
From: Steve 667	Read Replies (2) \| Respond to of 60323

what am I suggesting? John, I don't know the answer as to why what has happened does not make sense. It just doesn't. I was not suggesting anything. I was hoping to get some ideas that would explain the blatant discrepancies. I am not directing any of this at you, by the way, it is for the thread. You just seem to be the only one interested, while whiners and conspiracy theorists abound. Whatever the answer is, it has effected the personal financial picture of everyone of us that has invested in Sandisk to no small degree. You would think there would be more interest rather just the crying about Alan Greenspan and the evil people who short stocks. Steve 667

To: Road Walker who wrote (18795)	1/29/2001 6:59:08 PM
From: Sam	Read Replies (2) \| Respond to of 60323

John, I don't understand why my hypothesis presented earlier was ignored: there was double ordering back in Aug/Sept by OEMs who believed both that the holiday season would be stronger than it was and that the capacity shortage would last through Q2 of CY01. These OEMs--among whom I include both Siemens (a 5% customer in the previous quarter) for MMC and Kodak for CF, but there were surely others as well--built up their inventory and found their products didn't sell as well as they expected. The double ordering led Sandisk to continue to manufacture as much as possible and to believe that demand was greater than it really was. Yeah, cameras were a big seller, but SmartMedia and BubbleGum cameras were among the biggest sellers. So the OEMs began cutting back their orders in Dec., then tell Sandisk the extent of the inventory problem in Jan when aftersales don't work as well as expected either. Perhaps I'm being dense here, but something like that seems to me to explain it. s.