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Technology Stocks : WDC/Sandisk Corporation
WDC 176.28-1.9%2:54 PM EST

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To: Sam who wrote (12986)7/17/2000 2:11:59 PM
From: Rocky Reid  Read Replies (1) of 60323
 
Seagate Anvil lifted off of SNDK.

Shares of SNDK have been gradually moving up since it appears SNDK may be just about done selling off all their shares.

I had greatly underestimated the effect that 16 Million pent-up and released shares would have on the stock price, including the massive overall tech sell-off. Oh well, what's done is done. The worst appears to be over, and SNDK seems poised to rally with what should be a strong Earnigs report.

I just hope that the Eli Effect doesn't take effect the day after the Conference Call.

SNDK now moving up to $75
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