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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST

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To: Ausdauer who wrote (6078)6/20/1999 9:18:00 PM
From: Craig Freeman  Read Replies (1) of 60323
 
Ausdauer, re: "Craig, please continue to keep us firmly planted on Earth here."

OK ... the following comes from www.vectorvest.com:

SNDK has well below average safety with well below average upside potential. It reflects a stock which is likely to give well below average, inconsistent returns over the long term.

Come to think of it, SNDK has come so far so fast that it wouldn't be at all unlikely to see a short-term correction. Perhaps it is time to sell a few shares and pocket some profits. If the stock continues its climb, you can kick yourself all the way to the bank. But if it corrects and you've held all your shares, it could be a long time before the next sushi celebration.

Selling a few January 40 calls would provide $7+ in cash and no taxes to pay for at least a year. Pretty attarctive considering SNDK shares were selling for less than $7 not too many months ago.

Craig
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