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


To: limtex who wrote (3373)6/22/1998 8:17:00 PM
From: Yakov Lurye  Read Replies (1) | Respond to of 60323
 
Limtex,

Come on already, if you are still long the stock you should be happy that it is not falling any further (although this is not surprising really, given the minirally in semis).

To follow your logic, Micron shares should be given out for free, right? They are losing money to a tune of $200m per quarter, if not more, with "clouded visibility" ahead. Funny thing, the stock is up today.

In comparison with MU or any other DRAM producer, SNDK is in great shape - and even not loosing money. I would be really worried though if it turns out that its competition expects a really good quarter - any signs of this?

Regards,

Y.