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: AnnaInVA who wrote (11319)	5/22/2000 10:44:00 AM
From: Steve 667	Read Replies (2) of 60323

"So how come SNDK is down over 2 already in premarket ? Sheesh ....." Two Reasons: 1. More sellers than buyers. 2. SNDK stock has broken a key resistance level at about 67 and now another at 55. For those who have not followed this stock for very long, you will find that it is one of the most volatile you will ever see. In a period of just over 3 years, it has gone from 10 to 37, then back down to about 5 and some change, back up to 95, then spit 2 for 1, continued up to 169 after the split and now back down to 53 and some change, headed lower. All this in a period of a little over 3 years. All the while, the annual earnings per share has gone from 30 cents in 1996 to 43 cents in 1999. What's wrong with this picture? Steve 667 * "Those who live by the sword get shot by those who don't."

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