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


To: Mike Winn who wrote (1707)11/19/1997 2:09:00 PM
From: Jim Greif  Read Replies (1) | Respond to of 60323
 
Mike,

I suspect that we are going to have to be a bit patient on this one. Anyone who bought in the 30s, of course, is not happy. But SNDK rose quite a bit this year. I've been in the stock for about 16 months, and the increase hasn't been bad, even at today's levels.

SNDK will probably wait for the fundamentals to kick in before the momentum players really start to become interested. My guess would be that we won't see any big up-side movement until next Spring. Then, however, I think things will pick up fast. Of course, my opinion has been wrong before.

Jim