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Technology Stocks : WDC/Sandisk Corporation
WDC 169.55-0.2%3:59 PM EST

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To: Don Hess who wrote (5153)3/20/1999 6:03:00 AM
From: Ausdauer   of 60323
 
Don,

I feel the same way about Friday. No new news. A couple of good press releases under our belt. Smooth sailing ahead. Then...

...somebody decides to unload a position.

It almost felt like somebody was trying to start an avalanche. You know, drop a hundred thousand shares, completely overwhelm the outstanding buy orders, let panic set in, let the weak hands fold, then buy back into the selling frenzy at a lower price.

We did hold pretty solidly at around 33, so let's hope we can get some traction there. I wouldn't go so far as to say it is a base, but it would be nice to start another camp there. You know, base camp at 5 bucks, camp 1 at about 12 bucks, camp 2 at 24 bucks and camp 3 at 33 bucks...then an attempt at the summit!

It may be a while, but soon we will be "chewing up the ask" again.

Fasten your safety belts, folks. It's going to be a bumpy ride.

Ausdauer
(32 15/16)
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