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Technology Stocks : WDC/Sandisk Corporation
WDC 236.39-2.8%Jan 23 9:30 AM EST

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To: DaveMG who wrote (16871)11/29/2000 2:16:22 PM
From: Andre Williamson  Read Replies (1) of 60323
 
I think the explanation is far more simple:

Bunch of chickens running for the exits. Cash excluded SNDK is now trading at what, 25x earnings? No rationality here. Many food companies are trading higher than that.

Sit tight, a quarter or two and these prices will be a dream.

Another bullish indicator is all the panicking. Let the small injured fish sell off and buy back at much higher prices.

Andre
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