SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Artslaw who wrote (4654)2/2/1999 2:41:00 PM
From: David W. Tucker  Read Replies (1) | Respond to of 60323
 
I too am amazed at how the stock is trading in view of the surrounding market. I think SNDK is the kind of stock that will sway with the market, but it's definitely acting more stable than it has in the past. It seems to deserve the level it's at and buyers are coming in every chance they get on a small dip. Of course, a major mood shift in the market could bring us a big drop, but it wouldn't be any worse than anyone else.

Can't predict the future, but it just looks like a typical basing pattern to me. Eventually the trading range will tighten and then one day we'll shoot higher. This pattern could last a few more days or two months. A buying opportunity for some.

Continued good luck to all...

dave