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

To: Ausdauer who wrote (11661)	6/1/2000 10:32:00 AM
From: JRI	Respond to of 60323

Hallelujah! Chips are powering the Naz, and Seagate selling over...congrats to all longs...

To: Ausdauer who wrote (11661)	6/1/2000 10:37:00 AM
From: Art Bechhoefer	Read Replies (4) \| Respond to of 60323

The best info I've been able to find indicates that Seagate has disposed of all its SNDK shares. This was done over a period of at least two to three months. Seagate would have been better off negotiating a private sale, but their choice of strategy here is about as good a decision as increasing an investment in older, outmoded disk drive technologies. A new index, created by BeyondTheBull.com, called the New Economy Index (NEI), includes 50 semiconductor, computer, telecom, online service, and biotech companies, including SanDisk. If one assumes that SNDK will do at least as well as the companies in this index, then SNDK investors may want to check the index periodically as a guide for buying or selling. The way I would use the index is to interpret a downturn in the whole index as a potential buying opportunity for SNDK. I would also suggest that unloading millions of SNDK shares in order to raise cash for taking Seagate private is the sort of event that completely skews any short term trading program, such as Hal. Once again, it demonstrates that the ONLY way to make money on SNDK is to buy and hold for the long term, or until the fundamentals have changed significantly. What I mean by fundamentals includes product demand, royalty stream, and above all, management quality. Art

To: Ausdauer who wrote (11661)	6/1/2000 10:54:00 AM
From: Rocky Reid	Respond to of 60323

SNDK Up Over $6 right now. Seagate HAS to be done selling all their shares. Just has to be. (Knocking very hard on my wooden desk)