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


To: Jim Cash who wrote (2400)1/18/1998 7:58:00 PM
From: Michael C. Woodward  Respond to of 60323
 
As was stated in the previous post by Bargain Hunter, it is hard to find fault with Dr. Harari's statement.

"Bookings and shipments during the third quarter were strong as our consumer electronic OEM customers are stocking for the upcoming holiday season. We are expecting product revenues in the fourth quarter to be flat, or possibly up slightly relative to the third quarter of 1997, albeit perhaps at slightly lower gross margins due to anticipated increased competition. The outlook for the first quarter 1998 is uncertain due to the seasonal nature of the consumer electronics markets addressed by CompactFlash."

We all have a right to disagree. If you think that this is a bonehead statement, that's fine. I'm sure a lot of stockholders will disagree with you.