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


To: Ausdauer who wrote (5438)4/15/1999 11:28:00 AM
From: limtex  Respond to of 60323
 
Aus -

Its not SNDK its the market. We are having a correction. NAZ is going to drop an averge of 2%/2.5% per week relentlessly till three weeks or so before the next earnings season say mid June. Between now and then a drop of say 20% to worst way around 1800 and then up a little perhaps.

Oct/Dec should be great fun for SNDK. Could well reach the high $20's again.

Just the way it is from time to time.

Regards,

L



To: Ausdauer who wrote (5438)4/15/1999 11:32:00 AM
From: rll  Read Replies (2) | Respond to of 60323
 
Aus,

"We continue to rely on "turns business" for the
majority of our second quarter revenues, which are projected to exceed
slightly the level achieved in the first quarter. "

I checked Zacks and consensus was $0.15 for 6/99 so Eli is saying they expect to beat that number.

I think the selling is overdone and bought some at 20 3/16 this morning.

rll



To: Ausdauer who wrote (5438)4/15/1999 7:03:00 PM
From: Tom Gebing  Read Replies (1) | Respond to of 60323
 
04/15 SANDISK CORP... Goldman Sachs reiterates market outperform, raised estimates