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

To: Ausdauer who wrote (9705)	3/16/2000 4:40:00 PM
From: orkrious	Respond to of 60323

Rushnomore, How do you gap up 25 points at the open??? Aus, I was watching on a Level II. We didn't gap up 25, we gapped up roughly four at the open. INCA (Instinet) kept upping their bid. It was almost a feeding frenzy as bids just kept going up and up. When the bid was 133 I stuck out an offer at 135 to get rid of some I had bought as a short-term trade yesterday. I was hit immediately. We ran to 140 in another minute, then tanked down to 122. All of this happened in the first few minutes. I am not sure what started it, but I suspect that the unsuspecting thought there was some news. They got sucked in, then the people still nervous about our huge run up sold off their shares. I'm not a huge believer in technical analysis (it shows you what you should have done after you should have done it <G>), but it appears that we are building a nice base here. Maybe we will get our Lexar ruling tomorrow and these prices that we only dreamed of a few months ago will be in our rearview mirror. Jay