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

To: Ausdauer who wrote (11245)	5/20/2000 12:13:00 AM
From: david barr	Respond to of 60323

When a large holder wants out, the stock price really sinks and everyone tends to look for problems. It's called fear. Two summers ago I was watching CheckFree fall from $30 down to $6. It was absolutely insane. Well it turned out that there was definitely a downturn but then a large insurance company had to cover a huge claim(sorry I am not sure of the name) and they were forced to sell their position in CheckFree. Interestingly the CheckFree management approved a buyback and got a huge number of shares at $5.75. By the end of the year it was back above $30. I liken that situation to this one. All of the fundamentals of this company seem to be great. What more can we ask for than a potential gorilla entering a multiple tornado. Today I doubled my position. Time will tell. ... might double again if it continues down. Dave