WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 150.99

+8.6%

Nov 24 3:59 PM EST

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To: sylvester80 who wrote (39126)	3/26/2008 4:54:40 PM
From: im a survivor	Read Replies (1) of 60323

Right. That is because as SNDK has been dropping the shorts have been covering and booking their profits. They know SNDK can rise just as quick as it fell....as it has done many times in the past with fast and large up and down moves. The lower sndk gets the lower the short position will be. The time to short sndk was higher....not at $20, although sndk could fall more. IMO, sndk is far closer to a bottom then a top. Cash alone values them at about $8 a share so although it could keep dropping it is becoming a quality value play the lower it goes. Could it fall to $5 a share? Sure it can. And I'll load several boats if it hits that level.......But, I still think SNDK will survive and prosper and if they do then I see no reason why it cant run back or above previous highs which would be very nice gains from this level. Lets take a poll.......who thinks SNDK is dead meat? A decent company but one whos best days are behind them and whose shareholders will not profit too much in the years ahead? And who thinks sndk will be just fine and prosper while delivering profits to shareholders in the years ahead?

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