Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jerome Wittamer who wrote (3286)	6/18/1998 4:11:00 PM
From: jkb	Respond to of 60323

Thanks for the hype.

To: Jerome Wittamer who wrote (3286)	6/18/1998 4:39:00 PM
From: Chris Nevil	Read Replies (1) \| Respond to of 60323

Jerome, I'm glad you're having fun. For us other long-termers who weren't a) smart enough and/or b) liquid enough to take advantage of yesterday's little mirage run-up (both in my case), this retracement dashes the hope that perhaps SNDK stock was going to start acting respectably again... Chris

To: Jerome Wittamer who wrote (3286)	6/18/1998 6:40:00 PM
From: limtex	Read Replies (1) \| Respond to of 60323

Dear Jerome - This was the one thing to be afraid of. Correct me if I'm wrong but unless I am didn't eli just announce:- 1. Revenues for Q2 about the same as those for Q2 a year ago. 2. Royalties and license fees slightly down on Q1. 3. Unit sales prices decreasing faster than expected 4. Unit sales flat in Q2 compared with Q1 ie no increase in unit sales. 5. Very small current order book 6. Can't see very much improvement for Q3. 7. EPS for Q2 expected to be "marginally positive" !!! does that mean almost a loss for the Q. 8. Inventory write downs all over the place. 9. "...confident that current situation doesn't represent a lasting change to our long term business fundamentals" I have an awful feeling that you are right in that this time the train won't come back anymore but you are wrong in that it is going to sink not fly. Regards, L

To: Jerome Wittamer who wrote (3286)	6/18/1998 6:59:00 PM
From: limtex	Read Replies (1) \| Respond to of 60323

Jerome - pls look at the days chart. Some people new what was going on. Can we please get in touch with the SEC tomorrow. Regards, L

To: Jerome Wittamer who wrote (3286)	6/18/1998 9:18:00 PM
From: Rex Dwyer	Read Replies (1) \| Respond to of 60323

Jerome, I think you'll get your $14 to $15... or even better. Rex $16 1/8

To: Jerome Wittamer who wrote (3286)	6/18/1998 9:34:00 PM
From: Rex Dwyer	Read Replies (2) \| Respond to of 60323

Fundamentals... Here are some numbers to think about for tomorrow's blood bath.. Book Value: $7.03 Cash per Share $4.53 When all hell breaks loose, remember these numbers. Any price from $4 to $7 is a great buy fundamentally, even if SNDK starts to lose money. Something else to remember is that due to the pre-announcement activity, there are probably a lot of short sellers out there who may cover after the stock opens. So, an opening price is sure to be low and will rise before mid morning. Any guesses as to where this thing will trade? I'm thinking it'll settle at $10 to $12... Mainly because of the visibility statement. Ouch.... I will not be quick to buy more, gotta be prepared in case this thing hits $7. Rex $16 1/8