WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 169.99

-2.4%

Nov 11 3:59 PM EST

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To: David W. Tucker who wrote (809)	9/27/1997 11:30:00 PM
From: Leo Francis	of 60323

With a "float" of only about 6 million shares, I don't believe there are many "automated momentum" trading activities going on. The big funds, simply cannot own SNDK yet at this time, especially "multiple" big funds. I think a large position was taken either on specualation or on some fairly solid information we do not know of it. It happens. -g- If it is in fact purely a momentum surge, it is equally as bullish, maybe more so, as the wave builds on itself. In any event, I strongly believe there is a lot of money to be made here, as SNDK revenues surge. Yes earnings will be good, but once the street smells surging revenues, they really pile on. Good Trading. LF

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