WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.33

+3.5%

Nov 28 9:30 AM EST

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To: Don Hess who wrote (11762)	6/4/2000 8:09:00 AM
From: Ausdauer	Read Replies (2) of 60323

The Mother of All Bases Don, Since bottoming out near $40/share we have had very high daily volumes for the last 2 weeks accompanied by a steady rise in the share price (higher intraday highs, higher intraday lows, higher closes). Unless these are day traders just passing 100,000 share lots back and forth it suggests that we have returned to a period of heavy accumulation now that Seagate has done its damage. Nobody has adequately explained why Seagate would want out of SanDisk "at any cost" given SanDisk's prospects. If I were still a shareholder of SEG I would question the wisdom behind this sell-off. It occured at the most inopportune time. I am hoping that we have a strong base now upon which to build. Recall the last secondary went off at $39.00 per share (split adjusted) last Fall. With the sharp bounce off the $41 1/2 mark we hopefully have a sturdy base of new institutional and retail investor confidence. Ausdauer

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