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


To: Steve 667 who wrote (15113)9/27/2000 4:13:57 PM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
Steve,

I confirmed that SanDisk hired a PR person from Lexar.

Apparently Mike Wong was hired by SanDisk as senior public relations manager.

I understand job hopping is common in "The Valley" so I wouldn't read too much into it. Clearly if there are more defections from Lexar this could be an indicator. In any case the court might see enticing employees in an unfavorable light. Would it be a good policy to actively recruit Lexar employees? Is that acting in good faith?

Also, would you want ex-Lexar engineers learning important trade secrets?

FWIW,

Aus
P.S. You never explained how we got to $94 1/2 just a few weeks back. Is that also just trading volatility?



To: Steve 667 who wrote (15113)9/27/2000 5:17:15 PM
From: Road Walker  Read Replies (1) | Respond to of 60323
 
Bollinger Bands
These are fixed lines drawn above and below a moving average of price and the width of the band varies with the volatility of the underlying security. Bands widen when the volatility of the security increases and contract when volatility decreases. The time period for the moving average can vary but John Bollinger recommends 10 days for short term trading, 20 days for intermediate trading and 50 days for long term trading. When prices break through a band it usually indicates that the move is strong enough to continue further and sharp moves tend to occur when bands tighten. After hitting a band and not penetrating it the moving average of price will often be the next support or resistance area. For a more detailed discussion of Bollinger Bands please see e-analytics.com



To: Steve 667 who wrote (15113)9/27/2000 7:45:21 PM
From: Starlight  Respond to of 60323
 
Steve - Bollinger Bands are trading bands placed two standard deviations on either side of a moving average. They vary in distance from the average as a function of the stock's volatility. A move outside the bands calls for a continuation of the trend. Since the current trend is downward, and since the SNDK stock price went through the LOWER band today (to the downside), we will probably see further movement downward. Tops and bottoms made OUTSIDE the bands, which are followed by tops and bottoms made INSIDE the bands, indicate a trend reversal.

(I got this explanation from the Telescan Reference Manual.)

Another thing that doesn't look too good: The Long-term M.A. of the stock is ABOVE the short-term moving average.

Betty