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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (2852)6/28/2000 2:51:00 PM
From: Steve Lee  Read Replies (1) of 30051
 
Thanks, think I will foray into SNDK pretty soon. Seems to have been a turnaround today, but like you say, the downside is considerable so I will wait a little longer.

I think that support levels are not too significant with SNDK, as support levels are largely psychological. What might be happening here is Seagate dumping its holdings for the end of the quarter and its impending merger/acquisation/whatever.
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