SI
SI
discoversearch

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 (24420)12/24/2003 10:48:22 AM
From: Art Bechhoefer  Respond to of 60323
 
L - Reverse rotation? Don't know, but perhaps the answer is that people have a beef with other stocks and are taking another look at battered tech stocks.

Note also the lower durable goods figure issued by the Department of Commerce this morning. Flash memory sales are running counter to the decline in durable goods. Another economic statistic issued this morning was on new housing sales, also down.

Meanwhile, Micron Technology beat expectations, giving another boost to semiconductor stocks. That's probably the main reason that SNDK shares were stronger this morning.

Art