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: Steve 667 who wrote (25084)	2/23/2004 2:46:57 PM
From: anon.10	Read Replies (1) \| Respond to of 60323

thanks steve, i can stay in for long term. just want to know sndk is a good company. people are posting all sorts of things like lies and manipulation. and, I cant see why it is so beaten down. i guess you have seen this before.

To: Steve 667 who wrote (25084)	2/23/2004 3:05:30 PM
From: couldawoulda	Read Replies (1) \| Respond to of 60323

the chart looks like a train wreck for one. Given the "infancy" of the flash memory market and prospects for growth going forward, combined with the fact that SNDK is months and sometimes a few years being ahead of product rollout vs. some competitors, it's somewhat safe to say that the stock will be up from here in the months ahead. A number of things attracted me here: cash on hand (calculated as being close to $16 a share), profit of course, growth guidance, and the 50% retracement off the stock's high for the year. All makes for a pretty good entry point here. And now for that chart... ugly.