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

To: jkb who wrote (2975)	5/12/1998 6:52:00 PM
From: limtex	Read Replies (1) \| Respond to of 60323

Jay- What about the investment bank that sold the secondary...shouldn't they have some explaining to do? Just waht on earth did they have in mind when they took $90m of the publics money six months ago? Surely they would like ot say something about this today? BTW I don't want to encourage you to stay in in case this cr.p continues its relentless drop. But it might ...it just might stop dropping soon. And it might be worth your while to sticka around till the end of June. Regards, L

To: jkb who wrote (2975)	5/22/1998 1:05:00 AM
From: Rex Dwyer	Respond to of 60323

Jay, I am sorry if Jerome and I lured you into losing money on SanDisk. I really think it should be above $24. If it makes you feel better, I have lost most of my gains in the stock. What parts of the "report" are wrong? techstocks.com I can think of a few things, like revenue for cards were a bit lower for 1Q98. The seasonality was worse than expected. I still think SNDK should sell a heck of a lot more cards in the next Christmas season. However, my two biggest worries are Smart Media competition and the profitability of the core flash business (sans royalties). Rex