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


To: Jerome Wittamer who wrote (1850)11/26/1997 2:44:00 PM
From: OrionX  Respond to of 60323
 
Anyone make heads or tails from the tight bid 25 7/8 - ask 25 15/16?



To: Jerome Wittamer who wrote (1850)11/28/1997 1:27:00 PM
From: limtex  Read Replies (2) | Respond to of 60323
 
For the avoidance of doubt I am long and I want to go further.

See my post of 25th November. I said then watch out we could see much lower than $25. It now looks like were on our way to the teens.

I supose that there is a rational expalanation for a company with these fairly immediate prospects to drop in value by over 20% in a couple of weeks where as a company like Teligent which cannot hope to make a profit for a few years yet and even then will have a slew of competitors goes up over a dollar. And all this while the tech stocks are rebounding.

Anyone got any ideas I've learned a lesson for the second time but I'd just like someone to explain it to me.



To: Jerome Wittamer who wrote (1850)12/1/1997 9:31:00 PM
From: Binx Bolling  Read Replies (1) | Respond to of 60323
 
The December 2, 1997 issue of Investor's Business Daily has an article about Iomega's Clik. The article also mentions Sandisk.