Zeev's Turnips Patch-No Politics (ZEEV)

[jdaasoc]

RE SNDK

both sites I look at

http://www.semiconx.com/Exchange01/servlet/Index
http://www.dramexchange.com/default.asp

They expect some post Chinese New Year rebound in prices. However, if one looks lat last 6 months DRAM and flash trend in prices is down.

SNDK rally builds off this expected rebound nothing more nothing less IMO.


PS What is effect of under water employee stock options getting back in the money by quantity of hundreds of millions of shares per week as Naz rallies back to 1999-2000 levels. Options granted in late ninties didn't go away if company didn't go belly up.