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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (6596)	8/11/1999 9:33:00 AM
From: orkrious	Read Replies (1) \| Respond to of 60323

Art, re your comments on hi PE stocks getting hit as interest rates go up, you are certainly correct. I for one am shocked that SNDK has not given back more than 10 points from its recent high (I know, we gave back 15 and recovered 5). That said, given that we haven't given a lot back (we've still more than tripled in 4 months), I would say that our superb relative strength will keep us from falling much more. Unless, of course, the market gets slaughtered. FWIW Jay