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

To: Steve 667 who wrote (4288)1/13/1999 8:19:00 PM
From: TimC  Read Replies (1) | Respond to of 60323
 
Past earnings announcements:

1/21/98
4/15/98
7/15/98
10/14/98

After these dates the stock had little movement. Less than a point.

If your thinking of 10/15/97, there was an 8 point drop, from 38 to 30 - the beginning of the long suffering period.

I don't see the same thing happening here. SanDisk has now established it's place in a fast growing market, at this time Japan is not a major influence (negative), and there is no place to go but up when you look at SALES & PROFITS.

Tim
$20



To: Steve 667 who wrote (4288)1/14/1999 8:58:00 AM
From: OrionX  Read Replies (1) | Respond to of 60323
 
Steve,

That one big drop on the earnings announcement, the week options expired too, was a result of the ceo's choice of words that spooked everyone. Still Sandisk went on to make their earnings after that. Since then, I believe he's tamed his wording or someone else is writing his script. Hoping for a big positive earnings too. It's about time.


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