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Technology Stocks : WDC/Sandisk Corporation
WDC 161.03+3.5%3:59 PM EST

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To: limtex who wrote (5062)3/14/1999 1:32:00 PM
From: David W. Tucker  Read Replies (1) of 60323
 
Well I made my comment off the top of my head without looking at the SEC filing. I am still positive on the fact the a major fund has bought shares instead of some vulture venture capital firm. I also assume that the outstanding shares have tightened up just by seeing how the stock is trading. The MM's are moving the price quickly one way or the other based on just a few trades.

In the end it is still up to Sandisk to perform. Any bad news in the company or the sector would be quickly reflected in the trading. There was a lot of very good news last week for the semiconductor sector which I feel had a strong effect on the stock.

I have no idea whether we will continue going up next week on accumulation or if we'll see some profit taking, but for long termers I think it's still a reasonably good bet.

dave

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