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To: Bargain Hunter who wrote (4251)1/11/1999 12:47:00 PM
From: Ausdauer  Respond to of 60323
 
Hunter,

We have bumped our heads against 15 a couple of times the last month or so. So many times that I am starting to get a headache. Must be some short term players who are cashing out at this level.

All IMHO

Ausdauer
(15)



To: Bargain Hunter who wrote (4251)1/13/1999 2:43:00 PM
From: Bargain Hunter  Read Replies (2) | Respond to of 60323
 
SNDK has been meeting significant resistance at 15. Does anyone here have thoughts on how big a move we could expect when we finally make it through?

We have at least a partial answer to my question now. Does anyone want to predict where the next resistance level will be?

BTW, market cap reached 1/2 billion today at around 18 3/4. Maybe some funds which don't buy stocks with caps of less than that jumped in today. If that's the case, we will probably give back part of the move before earnings day unless more news comes out.

It is also possible that word of a great quarter is leaking out. If so, I hope that the company will pre-announce it to even the playing field.