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

To: j g cordes who wrote (11530)	5/26/2000 3:43:00 PM
From: Steve 667	Read Replies (2) \| Respond to of 60323

Hate to burst your bubble, but on your short term chart, each time the OBV reached a high, so did the price of the stock, which would dictate that now is perhaps a good time to SHORT the stock. Don't take my word for it. Look at the obv chart vs. the price of YOUR chart. Perhaps your reading it upside down. So much for OBV! Steve 667

To: j g cordes who wrote (11530)	5/26/2000 3:49:00 PM
From: Starlight	Read Replies (1) \| Respond to of 60323

That's also a great charting site. The Money Flow Index is interesting. Betty

To: j g cordes who wrote (11530)	5/26/2000 3:59:00 PM
From: Struggling Investor	Read Replies (2) \| Respond to of 60323

Merrill Lynch also thinks stock price decline is due to SEG selling (which I'm delighted to see and sincerely hope that I was dead wrong in thoughts expressed in yesterday's post regarding potential fundamental and/or political concerns.) A summary of ML's comments follows. Just more speculation, but I keep hearing rumors that one or more large tech fund may be in trouble (a la Soros), so some of the wholesale dumping could be coming from that possible scenario. Who knows. ML comments: -they believe the stock price slide to be due to negative market sentiment exacerbated by SEG's selling. -they think SEG has divested 85% of its SNDK holdings & has 2-3M shrs left; hence, the downside risk is minimal *(IE -they must REALLY believe SEG caused the downturn)* -potential concerns about inability to meet demand are unfounded due to steps SNDK has taken to increase capacity. -visibility for the company is at an all-time high; SNDK is fully booked for most of the rest of the year. -reiterate buy/buy.