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


To: Art Bechhoefer who wrote (5655)5/7/1999 2:16:00 PM
From: Sam  Read Replies (1) | Respond to of 60323
 
My own speculation is that SNDK got a boost from the overall semi market. AMAT reports in a week or so, and there has been a fairly wide expectation that they will report both a strong quarter and give good forward guidance, so the whole sector has been stronger lately. I know that SNDK isn't a semiconductor stock, and all of the thread posters know that, but somehow SNDK has been lumped with them, selling off when they sell off, and rebounding with them as well.

If this is true, then I would also guess that we will revisit the 20s sometime in the next 2 months, possibly even the low 20s, high teens. I think that there is a decent chance for another tech selloff between now and summer.

Just a guess. Sam