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

To: Jerome Wittamer who wrote (2962)	5/11/1998 7:31:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Sandisk is not a falling knife, just a skewer being slowly plunged into its shareholders. Nonetheless, I remain cautiously optimistic. With trades of upto 250,000 shares daily I think there are a lot of people just getting in and out again. If instituional support had collapsed we would be closer to $10.00 a share. If the MMC news is greeted with a warm reception (it was actually originally announced a few weeks ago) and if SNDK will command licensing fees comparable or better than those from CompactFlash we will be in good shape. I agree with Jerome. Only those with longterm goals will be able to stomach the ups and downs of this issue. In a few months we will either look like geniuses or complete fools.