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Technology Stocks : WDC/Sandisk Corporation
WDC 266.32+6.4%11:43 AM EST

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To: Art Bechhoefer who wrote (24798)1/30/2004 4:49:02 PM
From: clean86  Read Replies (1) of 60323
 
Hi All,

Seems to me that Sandisk had a similar move for the last several years and looking at the 5 year chart showed that there was a slight decline between December and March.

With such a large percentage of the stock in Institutional hands I would continue to expect some volatility. Seems the main interest of Fund managers is to make money and they will do that no matter what direction the market is going. If they think they can make more money shorting they will short. I believe that this is true of any trader as the goal is to make money.

After Sandisk's outstanding running last year a little profit taking and consolidation seems perfectly normal before another upward push. I'm betting that this stock will be higher at year end so I'm holding.

The company is making money at a better rate every year and I doubt this coming year will be a disaster but you never know.
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