WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: limtex who wrote (24305)	12/16/2003 8:25:45 PM
From: Art Bechhoefer	Read Replies (2) of 60323

L--Very interesting parallels between now and 1997. But at that time, conditions were quite different, and SanDisk had much less stock and could be expected to be more volatile. Also SanDisk at that time was not what you would call the dominant player, since it used fabrication facilities elsewhere. Pardon me, but I do believe in conspiracies, especially in the stock market, given all the shenanigans that have been exposed recently by the NY Attorney General. It is altogether likely that one or more analysts determined to publish statments designed to drop the price of the stock, both to make money on its fall and then to reinvest in order to make up for their LACK OF VISION earlier in the year when the shares were more reasonably priced. This kind of stuff goes on time after time. I've been an active investor for more than 50 years, and this is nothing new. The difference is that now, because of slack regulation, more people think they can get away with it. Art

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