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


To: limtex who wrote (5142)3/19/1999 11:42:00 AM
From: Ausdauer  Respond to of 60323
 
Limtex,

The company has had several recent press releases which have been, IMHO, favorable. I will never forget the bomb that exploded last June when the earnings shortcomings were announced. That was very painful and distressing.

The last conference call wasn't that long ago. I think it would be extremely poor judgement to follow the information presented there with an earnings warning or the like.

For all I know IBM will announce doubling of the MicroDrive capacity and cut the cost by 50%. That could have an equally damaging effect on the stock.

We have had an enjoyable few weeks here that has brought us close to $40.00. I am not happy about today's retreat, but it had to happen at some point.

You know that I am a SNDK long. This hurts you as much as it does me or anyone else on the thread.

Aus
(33 1/8)



To: limtex who wrote (5142)3/19/1999 12:56:00 PM
From: Michael A. Gottesman  Read Replies (1) | Respond to of 60323
 
Limtex:

I too remember the history on this stock. Fast run-ups like the past few weeks followed by days of getting tanked! Although we've been getting more design ins, some products uses have yet to pan out. ex. Digital Phones - most people get the phone in a deal with cell service and it'll be a while before we have general usage of smart phones with MMC.

I'm long on the stock so I have to accept the bumps along the way.