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Technology Stocks : WDC/Sandisk Corporation
WDC 172.26-2.2%Dec 31 3:59 PM EST

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To: orkrious who wrote (8735)1/21/2000 2:41:00 PM
From: Jim Greif  Read Replies (1) of 60323
 
Jay,

I don't think there is any doubt that SanDisk must issue a news release regarding the decision, pro or con. SEC rules require disclosure of that type of information.

We have moved up so fast this week that I think momentum players are "buying on the rumor" of strong earnings. If we don't get very strong numbers, I'm afraid that the "sell on the news" could be brutal. We could be back at $70 pretty quickly. On the other, really strong numbers and . . .

Jim
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