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


To: Ausdauer who wrote (8806)1/25/2000 1:37:00 PM
From: Michael A. Gottesman  Respond to of 60323
 
I've noticed that most of the big down movement days in the past month or so have been on less than 400 thousand share days. I take this as an indication that no major investors (for example - mutual funds), have been dumping shares.

Based on the effect of some prior CC comments by Eli, along with the recent run-up from the 40's, I'd have to agree with Aus. Some people may be satisfied with taking profits from the run-up.

I still view this as a long hold. Potential is enormous.

(Now let's hope for the split)

Mike G.



To: Ausdauer who wrote (8806)1/25/2000 1:44:00 PM
From: JB  Respond to of 60323
 
Thanks, I noticed the same thing,(low volume), so I haven't been to worried. I increased my position quite allot the last couple of weeks and was just getting a little jumpy. Here's hoping strong earnings and a split announce. Jack



To: Ausdauer who wrote (8806)1/25/2000 9:03:00 PM
From: Craig Freeman  Read Replies (1) | Respond to of 60323
 
Ausdauer, re: "weak hands getting out". I agree. A thud and a bounce on a day before earnings are announced bodes well for SNDK. We went a little lower on more shares than you mentioned but the concept remains the same. Once the quick sellers are suckered, it's usually a nice ride for SNDK's long-term holders.

Craig

Reply to: "We travelled down to $95 1/4 on volume of under 200,000 shares. I interpret this as weak hands getting out before earnings."