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Technology Stocks : WDC/Sandisk Corporation
WDC 228.19+6.1%2:09 PM EST

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To: 5dave22 who wrote (17553)12/22/2000 3:32:05 PM
From: limtex  Read Replies (2) of 60323
 
5D - IMHO the reason why SNDK isn't partcipating today is:-

1. Shorts best bet today. Their usual victims are too strong so they concentrate on a victim that they can suck from and that will drop at the first sign of selling.

2. No-one bothering to buy as they concentrate on picking up the leaders at bargain prices. Why go for a small cap stock with ML cloud all over it when you can go and buy the big leaders which have been clobbered.

3. Plenty of time to buy SNDK. No hurry as the shorts might make it even cheaper. As I hav said on a previous post SNDK has never had any strength behind the stock price.

Best regards,

L
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