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


To: Robert Douglas who wrote (27279)1/25/2005 4:33:31 PM
From: clean86  Respond to of 60323
 
As with any analysis grading I don't pay attention. iPod sales went through the roof last quarter at Apple and Steve Jobs said they sold over 4.5 million units. iPod Shuffle is back ordered for 3 to 4 weeks and Apple sold every unit they had in less than a week after it was announced.

Even if the company has the quarter of it's lifetime the stock will do whatever it wants. Guess it all depends on whether Mr. Market believes the doom and gloom or the optimists.

In either case it is certain to be a wild ride. Seems to me that the outlook for the future is bright but what do I know.



To: Robert Douglas who wrote (27279)1/25/2005 9:30:50 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 60323
 
strange that they lowered their projections just two days before the earnings

There is no available data to explain the change in rating given by BS. It is simply playing a hunch, or more likely, trying to lower the price in order to buy for their own accounts.

As indicated by numerous comments on this thread, the recent news, including sales of flash based iPOD and similar devices, is very positive--even for the fourth quarter. I plan to take advantage of the price--before the earnings are announced.

Art