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


To: clean86 who wrote (25599)4/15/2004 4:01:33 PM
From: Art Bechhoefer  Read Replies (2) | Respond to of 60323
 
We're sseing the usual formula: Stock goes down after exceptional earnings growth report. Very likely the best explanation for the price action is the desire of larger investors to buy the shares at a more reasonable price. So they organize some unfavorable comments, causing the price to drop, and then they have an opportunity to correct their earlier mistake of overlooking a solid stock. Happens all the time. For another example, look at QCOM.

Art