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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%3:59 PM EST
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To: Leo Francis who wrote (801)9/26/1997 12:04:00 PM
From: Hardrocker   of 60323
 
Leo,

Thanks again, but I wasn't implying that the recommendation by ML was cynical at all. My point was that, if ML has taken a position in SNDK, they would have a vested interest in seeing an appreciation in value. Even more importantly (because of the personal situation I described regarding my penchant for tech's), is the fact that my broker recommended ANY tech to me at all. Tells me that apparently the ML analyst must feel strongly about the growth prospects for this company. From what I see so far, I agree. I will still look to take a position on a dip, anticipating that the short term traders and daytraders will want to make a quick buck from the fast runup and get outta Dodge. :>)
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