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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 674.96

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To: Logain Ablar who wrote (27676)	8/23/2000 11:55:23 AM
From: Johnny Canuck	of 68285

Tim, It looks like SNDK is getting a bit of press this morning. SSTI and ATML are going along for the ride. 09:29 ET SanDisk Corp (SNDK) 72 7/8: According to Morgan Stanley Dean Witter, Hyundai says flash memory is sold out for remainder of year. Firm believes SNDK will benefit from this development. Cypress Semi (CY) 43 7/8 -3/4: Merrill Lynch reiterates NT BUY/LT BUY; firm notes that recent meetings with memory companies indicates that demand, pricing and fundamentals still strong; additionally reiterates BUY rating on SNDK and reiterates ACCUMULATE on ATML.

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