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Technology Stocks : WDC/Sandisk Corporation
WDC 172.26-2.2%Dec 31 3:59 PM EST

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To: Sam who wrote (24593)1/20/2004 11:32:44 PM
From: limtex  Read Replies (1) of 60323
 
Sam - Plenty of good results out too. I don't think the drop was specific. My guess is that the pros are going to sit on the sidelines or get out. Either way the shorts will be out.

I can't see a compelling reason that would encourage the pros to keep buying unitl the election. There is just a mountain of uncertainty. Q1 will help but then its the summer doldrums and from mid april to the end of October is turbulent so why risk anything till the election is over. No need. Thats just my uneducated guess as to what the pros will do.

My guess is that it won't make any difference what Eli says or how good it is someone will question it and look what happened after the MS comments last week. Whack $5 in a "flash".

I hope I'm wrong.

Best,

L
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