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


To: Ausdauer who wrote (9099)2/5/2000 9:43:00 AM
From: Sam  Respond to of 60323
 
Aus,
<<SanDisk is totally unhinged from its trading range now and is like a wild stallion that has broken free of the stable. In the eyes of the investment community there is open pasture as far as the eye can see.>>

You might be right. Take a look at CREE's chart to see an unhinged stallion, though. If we are out of a trading range, we'll keep going up next week, and we'll be back over 100 post-split in the blink of an eye. I would look for that happening sometime before June (presuming, as always of course, that the general market stays at least flattish), and maybe now. I would have thought, though, that we might back and fill for a few weeks, hanging around the 60-80 range more or less until the next earnings report (with perhaps a brief foray or two above and below that range). That one too should be a great report, and then I would have thought that we blast off back into triple digits, and indeed, up perhaps to 150 in a rush of exhuberance over the prospects for this company. But we'll see what happens.

Best wishes,
Sam
(142)


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