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

To: limtex who wrote (3292)	6/18/1998 8:27:00 PM
From: Craig Freeman	Read Replies (3) \| Respond to of 60323

Limtex, it isn't all that bad. Camera sales won't pick up until we near Xmas. Lexar didn't pay a dime in royalties. Half the world is "designing in" CF but those products aren't selling in volume yet. The inventory writedown is typical stuff (if you have to report a lousy quarter, why not use the occassion to get everything else that's negative out of the way). Heck ... if SNDK had settled with Lexar yesterday, no one would care a whit about today's news. "Eli Harari, SanDisk's CEO, said, "We are confident that the current situation does not represent a lasting change to our long term business fundamentals." IMHO, either Mr. Harari is a blatant liar or he is really saying "Merry Christmas". And if SNDK really does, as Jim wrote, "open at 7", it could be the buying opportunity of a lifetime. Craig