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

To: Jerome Wittamer who wrote (2623)	3/2/1998 12:19:00 PM
From: Jason Rooks	Respond to of 60323

I am still confused as to why this stock is below the $28 second offering price. I suspect the underwriters for the offering determined that price after their due diligence review of the company's fundamentals and conservatively discounted that price in lieu of the dilution of the 3 million share float. Accordingly, I believe the price should at least be higher than that price unless there is change in the fundamentals, which I think we all doubt has occurred.

To: Jerome Wittamer who wrote (2623)	3/2/1998 1:09:00 PM
From: wizzards wine	Respond to of 60323

Hi Jerome, Thanks for the review. Put SNDK through the P&F blender as well as paid IQC results follow: P&F DATA: RS signal BUY RS In a column of O's Trend is POSITIVE P&F signal BUY Momentum is POSITIVE for 7 weeks The only better thing would be for the RS to be in X's Based on a verticle the current target for SNDK is 43 with resistance at 25,30,36 and 40. IQC DATA: RS 78 Stochastics %K 87 %D 81 DMI +DI 52 The BB's have narrowed and are starting to widen. Currently riding the upper BB. Todays highs and lows are both Higher than previous, which is a good sign. My opinion at this time is that it may correct slightly but if everything stays the same it will go on higher. Hope this helps. Go SNDK!!!!!!!!!!! Thanks again Preston