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Strategies & Market Trends : Gorilla and King Portfolio Candidates

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To: StockHawk who wrote (30146)	8/24/2000 9:52:43 AM
From: StockHawk	of 54805

>>Will SNDK be able to take out resistance in the 76-78 region on this run, or will it simply drift back to the lower end of the range? Briefing.com expects the former, as SNDK is well positioned to capitalize on the strong consumer demand for digital camcorders, smart phones, MP3 players, etc. as it is the world's leading supplier of flash data storage products... << In watching SNDK this past year, it seemed their were two occasions when the stock price dropped for reasons that seemed suspect. The first was the Taiwan earthquake, after which the stock eventually made a very strong recovery, and the more recent was the dumping of shares by Segate. Per an SEC filing Segate is finished selling: " In July 2000, the Company sold its remaining investment in SanDisk for net proceeds of approximately $105 million." freedgar.com This may be one reason why the SNDK was up $10 yesterday and is strong again today. Approaching $90. StockHawk

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