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


To: Art Bechhoefer who wrote (25601)4/15/2004 4:02:09 PM
From: pompsander  Read Replies (1) | Respond to of 60323
 
The fool gets it...nice article for us longs.

fool.com



To: Art Bechhoefer who wrote (25601)4/15/2004 8:37:47 PM
From: Road Walker  Read Replies (1) | Respond to of 60323
 
Art,

re: 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.

It's always a conspiracy when the stock goes down; always fundamentals when the stock goes up. Yawn... it's getting old listening to the justifications.

John