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Re: limtex post# 179640

Wednesday, 12/10/2003 10:58:27 AM

Wednesday, December 10, 2003 10:58:27 AM

Post# of 704041
I highly doubt you can give credit to anyone for 'orchestrating' a short attack on SNDK.. You really have to get past these opinions about short sellers.. Every whore semi manufacturer is jumping into this market place and it could squeeze sndk margins considerably for starters.. Heck- my old employer PNY Technologies has a helluva a hold on the retail market, and although PNY claims the product to be their own I can tell you first hand that they simply buy anyones product, mark it up with upsurdly small margins and destroy the markets they get involved with. PNY, STEC, and many others claim to be manufacturers but they are nothing more than whores who assemble product or rip labels off and hurt profits of the likes of SNDK.. Look at what PNY is doing with Nvidia product.. exactly what they did with memory years ago and now thats drained of all its life so they search for more high margin products to whore out..

SNDK has had an incredible run over the last year, and thats an understatement. The longs who are being stopped out are the same ones who kept pushing it higher as they blindly jumped on the momo train.. Smart ones got off, and now you are seeing the results of panick..

Shorts are just there to benefit from this healthy and normal function of the markets. Silly to blame everything on the shorts when in fact its your fellow longs that are causing the bulk of the drop.

ALl just my opinion of course..




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