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Technology Stocks : WDC/Sandisk Corporation
WDC 163.33+3.5%Nov 28 9:30 AM EST

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To: Art Bechhoefer who wrote (5484)4/18/1999 11:47:00 AM
From: JJB  Read Replies (2) of 60323
 
Karnak
;-)

>>Aus, all I can say is that investment advisors are supposed to predict the future!<<

It was your prediction on how the stock would trade this week that has me in awe.

>>If the traders believe that earnings will be at least flat, compared with last year, and that sales volume will increase enough to give a picture of an expanding market, then they'll jump back in before the release of earnings after the market close on Wednesday. The added volume could drive the shares up perhaps one or two points today and tomorrow. If the earnings are even slightly better than last year, there will be a wave of buying and short covering.<<

Message 8875326

Any other tidbits from next week's newspaper?

jjb
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