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


To: Jason Rooks who wrote (2893)5/1/1998 4:31:00 AM
From: Jerome Wittamer  Respond to of 60323
 
Thanks Jason, limtex,Phraedus and Josef for keeping the thread up to date. Well, only good news, fundamentals continue to improve. I would even dare to say that, on the basis of the various reports we read over the past month, this year growth figures are beginning to improve dramatically (plus agreement between Kodak and Intel).

I even have to add that I have read a report saying sales of digital mobile phones are exploding this year to over 78 Mln units instead of 50some last year. MMC is gonna be a huge hit!

Remember SanDisk is the only pure play on the digital mobile revolution.

Don't buy yet, the stock will become a bit cheaper, stabilize, go up to 23, stabilize, than increase to 25, stabilize, and eventually go thru the roof.

Please keep faith! Face the facts! There's no big threat on the horizon. The reason for the absence of movement is the lack of news and extraordinary results. But June, July and August will bring this to us brilliant shareholders. People will become interested in the company, Goldman Sachs, CIBC Oppenheimer and the others will buy the stock, upgrade it to strong buy, attract momentum players : this will bring the stock to over $40 in a matter of weeks (8-10). By then we'll be out and will be waiting for the stock to consolidate to reasonable levels and will then buy again.

For your information Jerome's Cristal Ball's TM (avoided the pun) are on sale in every digital-ball shop for $999,999. It's a steal!

Bye for now. It's labor day here...I gotta go back to "work" around the pool.