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

To: orkrious who wrote (16033)	10/25/2000 12:39:45 PM
From: limtex	Read Replies (1) \| Respond to of 60323

JD - SNDK has become a shorters favourite. Wake up every day and short and make $5 a day and morwe as the selling develops into full blown "capitulation" or whatever they call it. The Naz is down today but up from the lows. When it was at the lows a week or so ago SNDK never was this low even. If NAZ heads lower ( reasonable bet) poor old SNDK will be in the $30s. And why? No real reason except no buyers. No-one interested to buy the stock. The valuations IMHO are just a by-product of the willingness of people to buy stocks. If I'm right you might see a short rebound of a few $ this afternoon at around 3.45pm as the shorts close and pick up their winings. Best regards, L