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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 9:30 AM EST

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To: Ausdauer who wrote (4025)12/7/1998 6:48:00 PM
From: Don Hess  Read Replies (1) of 60323
 
Warning: potentially naive comment follows.

It seems to me the recent, tiny trickle of volume (even on days like today when the market was roaring) is a harbinger of a very hefty leap upwards on the day(s) that SNDK finally has news. I think we have some evidence that a good piece of the float is being held by people who are long and patient. Ergo, when SNDK becomes a momentary darling, the imbalance will force a nice gap up, which in turn will squeeze shorts, draw even more attention, and leave us at a nice, upper-teens-ish level of trading.

Just my two cents.

- Don
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