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Technology Stocks : WDC/Sandisk Corporation
WDC 157.75+1.5%Nov 26 3:59 PM EST

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To: Ausdauer who wrote (3447)7/3/1998 7:55:00 AM
From: limtex  Read Replies (1) of 60323
 
Aus - -

The action druing the week of the Thursday evening announcement was just plain cold blooded.... thats what makes it diferrent and thats why it has upset Jerome and me and others.

You only have to lok at the price movement during that day to see that someone knew exactly what was going to be announced and got out....so would many on this board and elsewhere but they didn't know what the people who sold on that day knew. Yes of course thats the market.....it happens all the time.....the SEC never does anything about it....no-one goes to gaol.........OK maybe thats true because the SEC can't be bothered to do anything but it doesn't mean that its right or OK ar acceptable or that since NASDAQ stocks don't seem to be subject to any strictly enforced rules they therefore should be looked at not as investments but as gambles in a casino where the dealers decide the numbers that win rather than chance.

L
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