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


To: Starlight who wrote (11744)6/2/2000 12:06:00 PM
From: Jon Cave  Read Replies (2) | Respond to of 60323
 
New investor in SNDK

Starting buying in the low 50's and continued on the way down. Added some in the premarket today and this stock is pissing me off today. It hit its high of 79 3/4 and I have seen nothing but continued selling all day and we continue to set new lows. What in the heck is wrong with this dude. I feel like a pinball in a pinball machine. I am seeing some huge block sells today. Is that Segate still selling or just some big traders taking profits. Guess I am just greedy. Still up 10%+ today.

Does SNDK get a royalty payment for every Flashmemory sold. Except for intel. Also, isn't some flash memory really fast and some of it is really slow. Don't you need the fast kind for most of the digital cameras.

Thanks, Jon Cave



To: Starlight who wrote (11744)6/2/2000 1:01:00 PM
From: Greg h2o  Read Replies (1) | Respond to of 60323
 
<<4. Lack of investor confidence in the market in general (fear instead of greed, which we saw earlier in the year)>>

so true. and it got overdone in each direction... personally, (likely in conflict with most people on this thread) i feel it was far more overdone on the upside than on the downside. the "greed" factor pushed the price way beyond what (imo) is reasonable for the fundamentals.