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


To: Ausdauer who wrote (10253)4/10/2000 1:40:00 PM
From: Rocky Reid  Read Replies (1) | Respond to of 60323
 
Well, the NASDAQ is heading down, and so too is SNDK today. SNDK stock really does react in an amplified manner to whatever the NASDAQ index is doing day to day. I think that there may be some more downside to the NASDAQ index but hopefully only for a short-term couple of days or so. The week before Sandisk reports their Earnings would be nice for a general NASDAQ run and then Sandisk can blow out the Street on the 19th. This would give a nice pop up to SNDK stock.

I think that we will likely see $200 a lot earlier than perviously thought- like by the end of this month! However, $200 by year's end would still give a well-above average profit. Better not get TOO greedy.