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


To: TREND1 who wrote (16294)10/30/2000 6:05:55 PM
From: Zeev Hed  Read Replies (1) | Respond to of 60323
 
Larry, you should really look at DSO changes from quarter to quarter and relative to an "industry" norm, if there is any. Just by itself, DSO is not a good "predictor". Often however, a sudden increase in the DSO is an indication of future troubles. Will it be in this case? I know not. IMHO, the whole market is still quite wobbly, and until we get a "cathartic" sell off, we could very well be trending sown further. I personally will not rule out th possibility of SNDK matching this spring's lows in the low $40'. However, starting to buy below $50 could prove rewarding to the long termers reading this thread, providing that they take seriously a breach of the year's low if that were to happen.

As for "short raids", these are not "shorting raids", but raids of short duration (and unimpressive profits or losses).

Good luck out there.

Zeev