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

To: Ausdauer who wrote (8879)	1/26/2000 10:56:00 PM
From: Craig Freeman	Respond to of 60323

Ausdauer, re: "Who are all of these people dumping this stock on the day of earnings?" Answer: The same people who sell everything a few hours before news. They don't have a clue what's really going on ... when their computer signals news before earnings, they buy; and when it signals actual news, they sell. I would guess tomorrow will be a high-volume day -- as the lazy shorts work desparately to close their positions. This is far more than a "Sushi Day". It's confirmation of earnings for a company with gobs of cash, zip liabilities, a track record for investing their money VERY wisely, and an investor relations department that analysts can trust. A 1975 Dom Perignon or a 1982 Lafite would make a fine toast. Assuming, of course, that the SNDK earnings party hasn't exhausted the world's supply of these gems. Congrats to all SNDK longs! Craig