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Technology Stocks : WDC/Sandisk Corporation
WDC 163.33+3.5%Nov 28 9:30 AM EST

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To: Rocky Reid who wrote (10058)4/3/2000 6:47:00 PM
From: Zeev Hed   of 60323
 
Rocky, not only your observation, but in the process, SNDK breaks some important support at $109/$110 and closes below that level. I think we might have another 10% to 20% downside risk before we see some stabilization. If we enter a down to earth "1970" style bear market, then 50% from the top is also possible (it is not that far anymore), and long term, the stock will still be a "find".

Gee, I start to sound like I did on the RMBS thread in the $60' late last year, that is dangerous.

Zeev
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