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

To: Uncle Frank who wrote (13154)	7/20/2000 2:34:09 PM
From: JH	Read Replies (3) \| Respond to of 60323

Have 100 July-65 calls on SNDK on which I think I will take the delivery of shares on. With its stellar fundamentals, I'm convinced that SNDK now has a very stong floor at $60. The Jan-01 $65 puts are still bid at around $14 (IV of around 95%), if anyone wants to short them. Could be a very profitable trade ! A 50% retracement of the breakout gap ($63) is still possible, but today's high-volume move smells like a genuine breakout rally which will not likely be filled.