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

To: Bobby who wrote (1704)	11/19/1997 12:35:00 PM
From: michael	Read Replies (1) \| Respond to of 60323

why the volume today...any ideas

To: Bobby who wrote (1704)	11/19/1997 1:30:00 PM
From: Mike Winn	Read Replies (1) \| Respond to of 60323

Bobby - SMOD opened the secondary at 65, then rose to 90, and now is back to 57. PWAV opened the secondary at 20ish, then rose to 50ish, and now is back to 32. Both stocks went down because of weakness. In the case of SMOD, it's because of weakness in the PC sector and earnings revision of analysts. In the case of PWAV, it's because of the uncertainty of the Korean's economy (Samsung is their largest customer). I hope that Sandisk is still on the growth path. MRVC is a special case. The stock went on the secondary at 35, rose to 40 and is now at 27ish. I used to own that stock too, but despite the growth of the company and the technology leadership, I have an uneasy feelings about the company myself because of the secrecy in their operation. Besides, the whole network sector is weak too with the exception of Cisco.