Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Don Hess who wrote (11762)	6/4/2000 8:09:00 AM
From: Ausdauer	Read Replies (2) \| Respond to of 60323

The Mother of All Bases Don, Since bottoming out near $40/share we have had very high daily volumes for the last 2 weeks accompanied by a steady rise in the share price (higher intraday highs, higher intraday lows, higher closes). Unless these are day traders just passing 100,000 share lots back and forth it suggests that we have returned to a period of heavy accumulation now that Seagate has done its damage. Nobody has adequately explained why Seagate would want out of SanDisk "at any cost" given SanDisk's prospects. If I were still a shareholder of SEG I would question the wisdom behind this sell-off. It occured at the most inopportune time. I am hoping that we have a strong base now upon which to build. Recall the last secondary went off at $39.00 per share (split adjusted) last Fall. With the sharp bounce off the $41 1/2 mark we hopefully have a sturdy base of new institutional and retail investor confidence. Ausdauer

To: Don Hess who wrote (11762)	6/4/2000 1:46:00 PM
From: Ausdauer	Respond to of 60323

Don Hess, I have come to realize that I am not sure what "The Mother of All Bases" really means. I think it means we probably shouldn't go lower than $40/share during the next sell-off. Realize this is coming from a guy who thought we would never break support $70/share...or $60/share...or $50/share... Maybe I should leave such predictions to Larry and Hal and concentrate on fundamentals where I am most comfortable. (BTW, "Mr. Fundamentals" has never been better, but is still a bit bruised on the hinder from the beating "Mr. Market Risk" gave us the last few weeks.) Ausdauer