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To: NickD who wrote (11503)	5/26/2000 2:05:00 AM
From: Rocky Reid	Read Replies (3) \| Respond to of 60323

>>I am putting my money on the Naz hitting a 52 week low in the next 3-5 weeks.<< Nasdaq 2700 within 2 weeks. I think SNDK can get all the way down to $25. What's really scary is that SNDK's fall from $98 to here has been faster than the fall from $169 to $98. The rate of % decline has been rapidly accelerating.

To: NickD who wrote (11503)	5/26/2000 8:03:00 AM
From: Zeev Hed	Respond to of 60323

Nick, thank you for your nice comment. I am not sure that the NAZ will hit a new 52 weeks low in the next month or so, of course it is not outside the pale of "possibilities", but I believe we will be spared this catastrophe short term. On another thread I gave my rational for the short term and long term thinking I have on the market, if it interests you go to: Message 13483082 There I suggested reasons why we could trade over the next 10 years or so in a range bound by about 1900 to 5200 on the Naz. If that long term thinking does not change, then sometime in the next three years (but IMTO, not before we go through a strong rally later this year), we will reach "bear market valuations" as I mentioned, and thus my comment about the possibility of seeing SNDK at $30. When we recently broke the April low ($70) I was asked how low could SNDK go, and I suggested that I did not see any support till $40. Right now, that is where I see the support, but if it is broken, sure we could see lower prices. Not knowing what will happen, I am a buyer in the low $40, but I am also a seller when I see the stock not managing to take out the mid $50. I'll continue doing that, until a new trend is established, and I still think that short term, until we close above about $73, SNDK is still in a down trend. If the nAZ does make a new reaction low and SNDK holds above its recent lows, I may turn "neutral" on the stock. I am "flexible". Zeev