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Technology Stocks : WDC/Sandisk Corporation
WDC 150.99+8.6%Nov 24 3:59 PM EST

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To: Jerome Wittamer who wrote (3022)5/21/1998 3:44:00 AM
From: limtex   of 60323
 
Jerome -

This kind of relentles selling pressure is sadly for me and others here as I warned a couple of days ago jus the beginning of the slide. I just didn't have the stomach to bit the bullet and its going to be a bigger bit now!

You don't have this kind of selling unless someone inside is selling too and that must mean there is someting very nast on the way. Maybe its Lexar maybe its margins my guess is that its somting to do with one of those.

In any event the stock as I predicted is to all intent and purpose dead and on its way to the low single figures. It will probably drop by a significant number in the next day or so to less than $10 as people (probably myeswlf included) panic and try to save what they can of the worst investment they have ever made. It is a real lesson in following a dtream. For some of us that dream is turning into our nightmare.

L
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