WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Michael A. Gottesman who wrote (9041)	2/3/2000 3:46:00 PM
From: Ausdauer	Read Replies (2) of 60323

Mike and Thread, *Not that this is any great insight, but has anyone else noticed a daily pattern evolving on SNDK stock?* As Sam mentioned, seems like there are plenty of buyers that step in on the abrupt early day dips we are seeing. I don't know if this is a domino effect of stop losses (terminology?) being triggered and causing a computer-assisted cascade/mini-selloff or whether someone is trying to trigger a selling avalanche. In any case there are buyers that bid the price right back up and inch us forward toward the end of each session. We have clearly left the $80 <===> $100 range now and it seems that intraday volatility will continue until some rough concensus on the correct share price develops. Ausdauer

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