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


To: SBHX who wrote (13126)7/20/2000 2:34:26 AM
From: Artslaw  Respond to of 60323
 
Bought sndk, of course it closed down about 5% from my buy price ($63.75. . .Will sanity return, or is the sky falling again?

Well, SNDK was the 15th most active stock on Island after hours and it climbed all the way back to $68 by the close (all but one of the last 20 trades are at or above 68). This is only 30k shares, but it was a lot of transactions and a decent volume for after hours--I'd say a strong opening is assured, and if Greenspan is reasonably tame, it should hold (do not invest on this advice, though!).

Throw in a couple upgrades and some reiterations with higher targets and I think we're golden.

Steve