Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: limtex who wrote (16355)	11/1/2000 2:14:24 AM
From: The Prophet	Respond to of 60323

There's not much short position in this stock. The shorts know better than to fight the Disk.

To: limtex who wrote (16355)	11/1/2000 3:00:41 AM
From: Steve 667	Read Replies (3) \| Respond to of 60323

limtex, Ohhh Noooo, not another conspiracy theory! So all these short people actually got together and planned this for today? And managed to keep it a secret from all of us. When short people put in stop orders, then are the orders called "short stops"? Reminds me of Paul Williams...."Short People......." No, L, there is no conspiracy, Easter Bunny and Oswald really did shoot JFK. Besides if you really believed what you said, then the solution is but so simple. Just join them and become rich :-) On to Lexar. I'm just guessing, but I think the funsters at Lexar are using the press to try to keep the stock price up just long enough to exercise their options. Does anyone know the date they will be able to do so? Relax, we have seen the low. Regards, S

To: limtex who wrote (16355)	11/1/2000 3:01:08 AM
From: Craig Freeman	Read Replies (1) \| Respond to of 60323

limtex, re: "we haven't seen real capitualtion yet". I disagree. Let me explain. The "market" has long acted with a single mind. When it can't "pump" any more money into the system, it lets the air out. Unfortunately, in March, the balloon went too flat, too soon. So, the market makers reversed their stand and went into "dump and pump" mode. First, institutions take tax losses, move into the DOW, and accumulate whatever cash they can (not much in a bad market). Then, they trade with abandon -- fearless that they can lock in gains at will due to their prior tax losses. If everything evens out, fund managers look like heroes who survived a "tough year". And bonuses are abundant. Meanwhile, corporate execs have busily sandbagged their Q4 estimates so that they can enjoy a confident Xmas and fat bonuses too. Unlike the three previous quarters, you rarely see any earnings shortfall preannouncements in December. Because there's no reason. Insttutional managers know this so they start bidding up prices until at least the Q1 earnings season. They usually go a little too far so, by Spring, the market has ballooned out-of-shape. The "air" starts escaping, everybody covers their butt, and the cycle repeats. Welcome to the "New Economy" in action. My gut says that we should all relax and get ready for a pleasant holiday season. Craig