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Technology Stocks : WDC/Sandisk Corporation
WDC 179.68-1.0%Dec 29 3:59 PM EST

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To: The Prophet who wrote (17734)12/28/2000 11:12:56 AM
From: limtex  Read Replies (1) of 60323
 
TP - 1m shares and its still only 11.00am. What gives with this kind of volume?

My guess is that it is hedge/professional shorts keeping up continuous selling in the hope of breaking the $29 5/8 barrier. Looks to me like they have been trying to break the stock for days but so far it has held $29. I guess they figure if they can bust $29 there will be a mass capitulation as the stock collapses to single digits. I assume that is the play.

I wish they would go away and start with some other stock.

Best regards,

L
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