WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 241.20

+8.2%

12:56 PM EST

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To: Tumbleweed who wrote (7227)	10/1/1999 4:53:00 PM
From: Art Bechhoefer	Read Replies (2) of 60323

It looks to me like the short sellers have jumped in, forcing the stock price down. It will be interesting to see the short selling data as of the middle of the month, compared to September. The price movement here begins to look like QUALCOMM prior to last April. QCOM had been a favorite of short sellers until it became apparent that CDMA was the technology of choice for digital cellular. It didn't hurt that all the patent infringement suits against QCOM were won by QCOM outright or settled in its favor. This could happen with regard to the Lexar suit. Once the investment community recognized the value of the QCOM patents, and once the WSJ and BARRON'S decided to refrain from bashing the company, the stock quadrupled. The PIC card for medical information seems to be a significant development that so far has not been recognized as such by the investment community. Because of the stability this kind of application can bring to revenues (which for music players and digital cameras can be quite cyclical), SNDK for the first time looks like a $100+ stock.

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