WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 139.09

-0.8%

Nov 21 3:59 PM EST

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To: Phil Fulton who wrote (2210)	12/28/1997 9:35:00 AM
From: Jerome Wittamer	Read Replies (2) of 60323

Hi Charon, let me welcome you on behalf of the SANDISK thread! I hope that you will share thoughtful posts and ask 'new' questions. As regards the short interest, here's MHO : the same guys who brought the stock to 40 have brought it to 18 7/16. Although the downward pressure could well continue those stocks have been sold and will have to be bought back one day or another. Thus I would not worry about this. Nothing fundamental, just technical, market moves. Soon great opportunities will be seized. Remember shorts could be squeezed out by major positive news, but I doubt it would be the case. The downward movement is pervasive among hi-tech stocks I've looked at 10 charts this morning and 7 looked like SNDK. Just my 2c,...

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