WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 159.73

-3.8%

9:52 AM EST

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To: Starlight who wrote (10940)	5/10/2000 11:31:00 AM
From: Rocky Reid	Read Replies (1) of 60323

As Tom Petty would say: Well I'm Free!... Freefall - in! SNDK and other tech stocks are in a freefall. This is just plain silly. There is no rationale or reason behind this, just as there is no reason when stocks race towards the Moon in a Bull Frenzy. Sell sell sell. People are selling for no reasons other than Panic or Margin Calls,. The upcoming interest rate hike is really throwing this Market into a fit. I 've been hearing rumblings that the Fed might suprise everyone and issue a 3/4 point rise. Of course, Greenspan could only issue a 1/4 point hike. I personally would llike to see a 1/2 point and see how the Market reacts first.

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