WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.83

+0.4%

Nov 14 4:00 PM EST

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To: Craig Freeman who wrote (6154)	6/27/1999 1:55:00 PM
From: limtex	Read Replies (2) of 60323

CF and thread - Seems to me that up goes SNDK to $44 and then it starts to sag. Then we get all sorts of comments like " if we don't get good earnings then doom and gloom and it will hit $30" etc. Well OK but it just seems to me that the logic of these type of coments is that it was "very high" and now it must drift. But why did it go up in the first place. It doesn't tkae very much for a stock to fall and it takes a massive effort for it to go up. So why didn't all those with the 'wisdom" to predict a decent to $30 also have the same wisdom to predict for all of us the rise to $44? Of course $ can be made both ways with options if nothing else but why idn't anyone see $44 coming? Best regards, L

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