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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%3:59 PM EST

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To: Steve 667 who wrote (14621)9/8/2000 4:16:44 PM
From: Ausdauer  Read Replies (3) of 60323
 
Steve,

splits

I guess I disagree with your assessment because I don't think 5%+ moves on a day-to-day basis are normal. It is a sign that the investor base is shallow. Thus, I suspect that the stock will split if Dr. Harari feels the outlook for continued revenue growth is there. In this instance a split announcement is Dr. Harari's way of saying that continued robust growth is expected. If you look at the quarterly reports for the last 3 quarters you will see that he telegraphed this in January when the last split was announced. Recall that the share authorization is already approved. Again, WE NEED A LARGER BASE OF INDIVIDUAL SHAREHOLDERS WITH A LONG-TERM PERSPECTIVE.

Market Volatility

I didn't see the NASDAQ was down 120+ points. I guess market volatility + Lexar = today's decline.

Near-term Projections

I hope you are correct. I quit my job and am rolling over a large chunk of money from my 401K to my IRA.
If SanDisk gets soft over the next two to three weeks I will definitely load up.

Ausdauer
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