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Technology Stocks : WDC/Sandisk Corporation
WDC 181.54+1.1%Dec 26 9:30 AM EST
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To: slacker711 who wrote (26781)10/13/2004 10:00:46 PM
From: Trader J  Read Replies (1) of 60323
 
Agreed. They have always been so good at leveraging their position to cut prices aggressively, and preemptively, to better their position and manage their inventories ... especially into new offerings. I think this one hit them mid-quarter and they essentially pulled a LEXR. :o)

I am filing this one under "O" for ouch.

What are your thoughts longer term. I am thinking that I will continue to trade it short term and use this opportunity to buy some longer calls or leaps.

You?

Jeff
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