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Technology Stocks : WDC/Sandisk Corporation
WDC 252.66+4.9%Jan 27 3:59 PM EST

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To: cmchang who wrote (5405)4/14/1999 6:48:00 PM
From: Ausdauer  Read Replies (2) of 60323
 
CM,

A Microsoft Announcement...

Record Revenues...

An Upbeat Conference Call...

The recent action in stock price just smells. I have no doubt that somebody wanted SNDK down. Let's face it, down 20 points in 2 or 3 weeks time despite positive press releases?
Stock manipulation is the only fitting word.
These big institutions are just plain rotten. Scaring Joe Investor out of his position just to get into a stock they are just discovering now.

The press release you just posted gives credence to this theory.

I now rank institutional traders on the same level as ambulance chasers and personal injury lawyers. I would call them jackasses, but that would be insulting to the world's jackass population.

Ausdauer
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