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


To: anon.10 who wrote (25087)2/23/2004 3:13:11 PM
From: Steve 667  Respond to of 60323
 
lanataylor, There might be manipulation, but it is not coming from the company. Eli (CEO) is a straight shooter and if anything, the company is too conservative with it's guidance.

If you have a broker, try to get a hold of the latest Goldman Sachs take on Sandisk. They think both the 1st QTR and all of 2004 guidance given by SNDK is tooo conservative.

The stock is not overpriced by any means. But that doesn't mean the price will not go down further short term. Technicals are overriding fundamentals as often happens.

Just look at SIRI or TASR or JNPR if you want to see "out of wac!"

Steve