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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: George Schulte who wrote (26669)12/21/2000 11:37:45 AM
From: im a survivor   of 65232
 
Well, I added to sndk today at $29 and will again at $20 if she goes that far.

With all the warnings of late, the one thing stressed is that flash is going strong.

Amazon is selling out of many SNDK products this holiday season........One thing to consider...ML downgraded short term, but kept their long term outlook the same...a Buy. All other houses have buys or strong buys on the stock. Also notice as donnie pointed out that although ML downgraded, they are buying the stock today.

maybe Vster wants to chime in with his Houses manipulation theory. maybe ML just wanted to load the boat on sndk before she takes off......after all, she was just $67 like a week ago.....if the naz rallies, I would expect that gap to fill...if it goes down further, it's just more opportunity.....also remember what vster says...you make your money when you buy. Those not buying sndk right now could be missing a great chance to own a great company at discounted prices.....bottom line...if your buying for a trade, do you feel it has short term upside potential. I say yes. If your buying for the long haul, are you comfortable with what they do, how much they make and the future of their sector.....if you believe flash is going to be as hot as most believe, then sndk could be a great long term hold.

JMHOOC

Keith
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