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


To: Mike Winn who wrote (1035)10/21/1997 2:20:00 PM
From: OrionX  Respond to of 60323
 
Mike,

Good point. Remember that Sandisk has unrealized growth value. If you don't agree with this statement then you should get out now because the game gets very interesting when MMs are in the game (assuming they are). Sure the stock price got somewhat out of hand ahead of earnings (perhaps driven by the MMs, hmmmm sure looks like it) but did not expect the current blood bath given the expected good earnings. I warned of this too rapid rise several weeks but then many inferior earning companies have skyrocketed and kept a high price for much longer. Go figure. I still believe this baby is going much higher in the next 6-12 months, conservatively speaking. The market is ruthless by giving companies such as Yahoo a market value of 2 billion while Sandisk, with higher sales and a huge and untapped potential, a much lower value. I'll never figure this stuff out. Just like gambling, best thing to do is place your bets and wait. Well, that's what I'm doing for now.

Regards,

Mauro.