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Technology Stocks : WDC/Sandisk Corporation
WDC 160.00-2.2%Dec 2 3:59 PM EST

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To: Ausdauer who wrote (11733)6/2/2000 10:55:00 AM
From: Starlight  Read Replies (2) of 60323
 
Ausdauer - The recent sell-off in SNDK can probably be attributed to several things - none of which really pertain to the fundamentals of the company:

1. SEG selling
2. Investors selling to meet margin calls
3. Weakness in the tech sector affecting all tech stocks
4. Lack of investor confidence in the market in general (fear instead of greed, which we saw earlier in the year)
5. Rising interest rates which make fixed income investments seem more appealing

I don't think there is anything basically "wrong" with the stock.

Betty
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