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: Craig Freeman who wrote (21053)	10/29/2001 8:08:48 AM
From: Andre Williamson	Read Replies (1) \| Respond to of 60323

Craig, Congratulations on catching SSTI near a bottom, but I don't see that this supports your argument (ie, SNDK has disappointed hence once can't really expect much from them hence one should stay away) at all. If anything, it seems to me that you're ignoring your own advice. Why? Well, IMO SSTI was caught just as much with its pants down as SNDK was (would you disagree?); also, an historical comparison doesn't reveal much of a difference in performance: finance.yahoo.com Andre

To: Craig Freeman who wrote (21053)	10/29/2001 11:16:16 AM
From: Art Bechhoefer	Respond to of 60323

Craig: >>once a stock disappoints bigtime, it really is time to move on<< I take a much longer term view, based on fundamentals. If there is a major change in fundamentals, then I evaluate the stock and sell if necessary, at any price. In the case of SNDK, the company fundamentals, including management expertise have not changed over the past three years. The has been a change in demand for flash memory, but I regard that as very temporary and short term, brought on partly by manufacturers ordering more than they needed last year. SSTI is a different company in the sense that it addresses a different type of flash technology. What has worked for SSTI does not necessarily justify selling SNDK. If you want to know why I still hold my SNDK shares, other than for reasons explained in earlier posts, you need look no further than the horrible earnings statement issued by Kodak last week. Kodak did its best to explain that film sales were down because of September 11, because of increased competition and pricing pressures, etc.--the same old stuff they've been saying for the last couple of years. What really changed for Kodak were the fundamentals tied to conventional film: People aren't buying as much conventional film, no matter who makes it. People ARE buying a lot of digital cameras, and that disruptive technology explains more of Kodak's lower conventional film sales than any other factor. That also explains why I'm holding SNDK. The fundamentals HAVE changed--in SanDisk's favor. Art