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


To: All Mtn Ski who wrote (18453)1/24/2001 4:41:00 PM
From: Road Walker  Read Replies (1) | Respond to of 60323
 
Tom,

I'll be listening to the CC for a silver lining.

Things look bad for the other techs as well, we probably won't have a strong market to support the stock price.

John



To: All Mtn Ski who wrote (18453)1/24/2001 4:41:44 PM
From: Cooters  Respond to of 60323
 
Stock open again, trading around $37.



To: All Mtn Ski who wrote (18453)1/24/2001 4:43:33 PM
From: Sam  Respond to of 60323
 
Things aren't worse than he says, he calls them as he sees them. This sort of talk from him is far from unprecedented, Eli is the opposite of Reimer at Lexar, he lays it on the table whatever it is, for better or worse.

I don't think it will get into the 20s tomorrow (unless the CC is worse than the release), but it will surely trade in the 30s again. FLSH had a similar report, it tanked from 15 to 12, now back up to 13-14 again a couple of days later. I suspect something similar will happen with Sandisk. Down to mthe low 30s, then back to the high 30s within a few days (depending on Mr. Greenspan, of course, and general market activity).

My WAG, FWIW.
Sam