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


To: couldawoulda who wrote (25486)4/5/2004 2:12:18 PM
From: Michael A. Gottesman  Read Replies (1) | Respond to of 60323
 
Anyone heard any news that would account for todays rise, or is this the usual pre-earnings run-up we usually get with SNDK?



To: couldawoulda who wrote (25486)4/5/2004 4:43:02 PM
From: Art Bechhoefer  Read Replies (2) | Respond to of 60323
 
>>Looking at $28.00 as a re-entry pt.<< I wouldn't hold my breath, unless there is some kind of international catastrophe. When you look at the positive cash flow, the low debt level, the growth rate in operating earnings, and the relationship between current price and book value, and THEN compare those numbers to more typical tech stocks, it's the other stocks that look overpriced.

Nevertheless, I'd be interested in your helping us understand WHY you think a drop to $28 is possible.

Art



To: couldawoulda who wrote (25486)4/5/2004 5:59:57 PM
From: Steve 667  Respond to of 60323
 
shouldacoulda,

Re: I see that gap on Fri. morning getting back filled before it moves further up into earnings day.

Nonsense. Sandisk often doesn't bother filling gaps. Just look at the gap on 4/17/03. Never filled.

Sandisk is a non-gap filling stock. :-)

S



To: couldawoulda who wrote (25486)4/6/2004 8:39:15 AM
From: Steve 667  Read Replies (2) | Respond to of 60323
 
Shoulda been looking at the gap made on 1/22 from 35 to 29. Looks to me that is the gap now being filled. Too bad you sold. Not to worry, you can buy back in at 35. Gotta keep your gaps straight. (LOL)

S