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

To: acuransx_2000 who wrote (12758)	7/10/2000 1:21:53 PM
From: JB	Respond to of 60323

Please don't take this wrong, do you have a reason for anticipating such a jump, or is it strictly wishful thinking? Thanks, Jack

To: acuransx_2000 who wrote (12758)	7/10/2000 10:02:53 PM
From: Art Bechhoefer	Read Replies (2) \| Respond to of 60323

$100 - $120 in two weeks? I doubt it. Too much investor uncertainty. How about two months? That would still be pretty good. There is a lack of buying enthusiasm for tech stocks in general. Even the slightest bit of bad news or uncertain news can have an impact. Here's an example. JDSU announces it is buying SDLI, whereupon competitor Corning (GLW) takes a dive because it had once tried to buy SDLI and refused to bid as high as JDSU. Isn't it possible that GLW made the sound financial decision, which will result ultimately in a higher return on investment than JDSU? If so, why shouldn't GLW go up instead of down? That's an example of lack of investor confidence, and it suggests very strongly that you can't expect SNDK to double in two weeks. We'll just have to be patient and see what the results look like next Wednesday. Art