WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 168.90

+4.9%

Dec 5 9:30 AM EST

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To: limtex who wrote (2229)	12/29/1997 3:22:00 PM
From: michael r potter	Read Replies (1) of 60323

No guarantees, I try to avoid buying stocks going down, bottom picking is very dangerous, but... a few times a year I make an exception and have a good record . I bought SNDK a few minutes ago and feel the risk reward ratio is pretty good. It feels like a bottom. We'll see. Institutions probably getting it off the books so they don't have to show they owned it as of year end and individuals getting in last minute tax loss selling. If there truly is a fundamental problem, then the market will invent new bottoms, but at the current price a lot of potential problems are already priced in . Good fortune to us all in 1998. Mike

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