WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.58

+0.2%

Dec 1 3:59 PM EST

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To: Michael A. Gottesman who wrote (2467)	1/26/1998 2:00:00 PM
From: Mike Winn	Read Replies (1) of 60323

I think it has to do with the statements of the CEO and the analysts again. Even though the tone of the CEO and the analysts is upbeat, they all said that the future of the company looks very bright in the second half. That gives a clue on the timing for trading the stock. Investors do move money from one stock to the next and when they know the approximate timing, then they will swap stocks. It's just like what happen to those biotech stocks when the company said that it predicts the FDA will approve certain drug in so and so quarter and boom, the stock got sold out. Then also chip stocks are not doing too well these days regardless of which type of chips.

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