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

To: limtex who wrote (1898)	12/2/1997 6:25:00 PM
From: Mike Winn	Read Replies (2) \| Respond to of 60323

Oh Ian, you start to sound like an old broken record these days with your daily-hourly whining :))) I don't think any institution who just bought recently at 28 is selling. They aren't that short term. I think people who are selling are: - people who bought much lower than today price; - people who bought higher but got scared for whatever reason; - the greedy ones who sell now with the hope of buying back lower; - the daily traders; - people who want to claim tax loss. As the price drops, then at some point there are people who still have cash who will step in and buy when they feel it's the bottom price. Those people include myself and may be yourself. But your bottom price may be different from mine, so we will be buying at different time. When more people buy than sell, then the stock will go up. When more people sell than buy, then the stock will go down. We're all guessing about the "correct" price. That's the rule of stock trading that has been around for a long time. So please stop whining. When you and I buy, it will go up. My spare 1/2 cent. Mike.