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To: AnnaInVA who wrote (11319)5/22/2000 9:44:00 AM
From: TREND1  Read Replies (1) | Respond to of 60323
 
Why is SNDK down ?
Because SMH is down and 19 of 20 stocks in SMH is down.
So it is not SNDK fundamentals, but the general trend in
chip stocks this morning that is causing drop in SNDK.
Larry Dudash
PS: Worry when SNDK is down and rest of SMH stocks are up.



To: AnnaInVA who wrote (11319)5/22/2000 10:02:00 AM
From: JohnD  Read Replies (1) | Respond to of 60323
 
Anna,

Because I got in on last friday, silly. :)

Best of luck,
JohnD



To: AnnaInVA who wrote (11319)5/22/2000 10:44:00 AM
From: Steve 667  Read Replies (2) | Respond to of 60323
 
"So how come SNDK is down over 2 already in premarket ?
Sheesh .....
"

Two Reasons: 1. More sellers than buyers. 2. SNDK stock has broken a key resistance level at about 67 and now another at 55.

For those who have not followed this stock for very long, you will find that it is one of the most volatile you will ever see.

In a period of just over 3 years, it has gone from 10 to 37, then back down to about 5 and some change, back up to 95, then spit 2 for 1, continued up to 169 after the split and now back down to 53 and some change, headed lower.

All this in a period of a little over 3 years.

All the while, the annual earnings per share has gone from 30 cents in 1996 to 43 cents in 1999. What's wrong with this picture?

Steve 667
* "Those who live by the sword get shot by those who don't."



To: AnnaInVA who wrote (11319)5/22/2000 10:51:00 AM
From: Starlight  Respond to of 60323
 
What some of you can't seem to fathom is that even GOOD stocks go down in a bad market environment. That's what we're in, with rising interest rates that don't seem to be peaking as yet, and with little slowdown evident in the economy. Until we see a real slowdown, expect more of the same.

Betty