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


To: Howard R. Hansen who wrote (24306)12/16/2003 9:07:59 PM
From: Craig Freeman  Respond to of 60323
 
Howard, how right you are!

A LONG time ago Samsung stated that it intended to "buy the market" in flash memory. Few listened and fewer still responded. When I mentioned that fact here, I has ridiculed. SNDK rocketed while those who understood the Samsung news watched and mostly kept their mouths shut. Why? ... because there was money to be made.

I'm not convinced that any of what I just said is the "one true reason" for the recent steep decline in SNDK shares. In fact, one would think that the Saddam capture would have boosted the market a tad and semis even more. But "things are ... the way they are supposed to be". And you can't argue.

For those who has owned SNDK shares for a LONG time and have enjoyed a fine ride, good for you! My sincerest condolences to anyone who bought new SNDK shares recently -- because the ride was mostly painful.

Happy Christmakah to all!

Craig