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


To: jkb who wrote (2411)1/21/1998 2:44:00 AM
From: Mike Winn  Respond to of 60323
 
I predict that SNDK's earnings will come in at better than 0.30/share. Most or all of the deferred income from last quarters should be now realized since CF seems to be selling well and there should be low return rate.

I also predict that the good Dr will not issue any negative forward looking statement. I judge it from the news released by the company last week saying that more than one million CFs have been sold. This shows that the company is anxious to put out a positive spin on the stock this time around. They have to please the institutions who bought the stock at 28 during the secondary.

I also predict that MSFT, CPQ, and TXN will come in with good earnings. Coupled with today good earnings from LU, IBM, BAY, I think the sentiment towards tech will be bullish in the short term.

Intel has also announced during their earnings that flash sales were up.

May be a couple of upgrades from analysts will help. With luck, the stock should be back to at least 28 in a short time.

JMHO. If I am wrong, it will not be the first time.