Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Art Bechhoefer who wrote (19977)	4/5/2001 11:03:33 AM
From: John Trader	Respond to of 60323

Art, Thanks again for that one. FWIW, the following ON24 link is about SNDK, and they give several reasons why it won't go back to the trough valuation it has in 98. They give a worst case price of 13.5. This link was posted on this thread before. biz.yahoo.com Also, FWIW, some of the recommendations in Barrons are major home runs. In general I think it is a good publication, one of the best in fact. One example was the "House of Cards" article on Cisco in 2000, which was right on, and totally against the Wall Street crowd that loved the stock at the time. Another story "Burn Victims", nailed the dotcom crash that was to come. I remember a few years ago they did a story where a sort of value guy said Qcom was a great buy there. I nibbled at it (a really small nibble, I am sorry to say), and the guy turned out to be right, it took off like a rocket. His logic was "MULD" investing. "Massive Upside, Limited Downside". Isn't that what we have here with SNDK? One last, slightly off-topic thought. Internet traffic doubles in size every few months or so, isn't that right? So, how could the telcom inventory thing, and the problem with all the failed dotcoms putting their gear up for sale be a problem for very long? The dotcoms did us a favor in a way, they got the old economy companies off their backs and got them buying tech equipment, and getting on the net. Now maybe a sort of "arms race" has been started. The dotcoms are gone, or soon will be, but these old economy companies now have to compete with each other, so a whole new race could be on, and one that doesn't end with them going out of business. If internet traffic is doubling so frequently, there should be an incentive for somebody to provide the gear to make access faster as well. I have had both dsl and cable modem web access. Let me tell you, once you have it, it is like running water, you don't want to be without it. I think the demand is there, and the consumer is willing to pay, the companies just need to get more efficient at deploying it, and learn to price it effectively. I think we are just at a sort of intermission period with regards to the web and tech stocks. Also with wireless. Soon Palm type devices will catch on more to consumers (has mostly been business people so far), and they will start to get fast web access, and more people will be buy them and companies like SNDK will benefit. Not to mention all the other uses for flash memory, such as digital cameras, music players, etc. I also think the whole Japan analogy with regards to tech stocks is wrong. I think the Naz will be way up in a couple of years, and like you said, we will probably look back and painfully recall our missed opportunity here to load up on SNDK. John