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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: anon.10 who wrote (25082)2/23/2004 2:24:13 PM
From: Steve 667  Read Replies (2) of 60323
 
For a while, SNDK going to follow the NASDAQ as follows. If the NASDAQ goes up, SNDK will go up half of what the NASDAQ goes up, percentage wise. NASDAQ up 3%, then SNDK will go up 1.5%.

If the NASDAQ goes down, SNDK will go down twice what the NASDAQ goes down percentage wise. NASDAQ down 3% then SNDK goes down 6%.

Same with LEXAR. With NASDAQ going in the toilet for a while, doesn't look like the stock is going to be good short term investment.

The companies will do fine.

That's my 2 cents. What does everybody else think?

Steve
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