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


To: StockMarketMaven who wrote (5336)4/9/1999 4:19:00 PM
From: rll  Read Replies (1) | Respond to of 60323
 
StockMarketMaven,

If they do meet or exceed expectations, then the direction of the stock price will depend on what Eli has to say about the next quarter. If sales have slowed down considerably in the end of the 1st quarter, then the 2nd quarter forecast may not look that good. Remember, he gave a rosy forecast based on demand carry over into the 1st quarter in the last report and that's what sent the stock from low 20's to mid 30's. Of course if he gives another rosy forecast, this stock is going to move up quick. All just my opinion.

rll



To: StockMarketMaven who wrote (5336)4/9/1999 6:46:00 PM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
Maven,

Based on your post it sounds like the Merrill Lynch analyst has taken a firm stance and reiterated the recommendation just to be sure!

Ausdauer
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