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Technology Stocks : WDC/Sandisk Corporation
WDC 157.11-5.4%Nov 13 3:59 PM EST

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To: Ausdauer who wrote (6157)6/27/1999 11:13:00 PM
From: Craig Freeman  Read Replies (3) of 60323
 
Ausdauer, the leap to $44 was no more reasonable than the plunge to $5. Looking at SNDK's chart, you'll notice that the stock has bounced off $20 on the way down more often than any other figure. And it has bounced off $30 several times on the way up.

If history repeats itself and SNDK doesn't bounce up before we see $30, it is more likely than not that we will see $20 before it's all over. That's my take. Any tech analysts who care to comment are welcome.

finance.yahoo.com

Craig
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