SI
SI
discoversearch

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: JRI who wrote (13059)7/19/2000 2:41:11 PM
From: JH  Read Replies (1) | Respond to of 60323
 
Huge volume - in a climactic selloff, the brief dip into sub-60 appears to have been a bottom. Geez - does SEG have to get rid of the rest of their holdings in one fell swoop?

$75 to $60 in less than 48 hours is pretty dramatic !



To: JRI who wrote (13059)7/19/2000 2:42:43 PM
From: Sam  Respond to of 60323
 
I find this sell-off bizarre. I never would have guessed last week--or even on Monday--that we'd be at 60 or so on the day of earnings. Certainly the sell-off is suggesting that something is amiss. I guess we'll find out tonight. SST isn't doing much better, even after great earnings, though they had already said that their earnings would be great so a lot of their run was built in the stock price already. Sandisk, as far as I know, has not said anything publicly, other than general optimistic comments from Dr. H about the future being bright.

I know I won't be able to listen to much of the CC, but I'll try to listen to as much as possible. I wish they would have replays, even if just for 24 hours. It can't be that expensive. And it is a real service to stockholders.

Sam



To: JRI who wrote (13059)7/19/2000 2:54:35 PM
From: JRI  Respond to of 60323
 
My theory: SNDK is a misunderstood, considered a 2/3rd tier tech play..seen/understood to be in a commodity biz...with little defenses...on big down days, this stock (and others of its kind) get dumped big time..

(Despite Ausdauer valient efforts)..there is a desperate need for someone (CEO, brokerages..) to get the real story out there..the CC needs to pump life into this puppy....if we like it or not, PR is needed here...