WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 168.90

+4.9%

Dec 5 3:59 PM EST

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To: couldawoulda who wrote (25495)	4/7/2004 12:11:46 AM
From: Rich Wolf	Read Replies (1) of 60323

A month or two ago there was nothing but dismal prognostication for flash. Now that institutions have a boatload, not a whisper of bad news. Looking for the next whipsaw coming up. You KNOW it's coming. This stock has become a wild trading vehicle. This time we have the earnings call two days before options exp, instead of after. Curious! non? Saw a big block of puts go on. Expecting to see more piled on, and more calls written. A big block written deep in the money today. It could be the stock closes at 27.5 on expiration, we shall see. Doesn't mean it won't end the year much higher, esp for next xmas season. But we have a high probability of more fear and loathing in the market, in tech, and in flash, between here and the next 'big season.'

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