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Technology Stocks : WDC/Sandisk Corporation
WDC 172.53-2.0%3:37 PM EST

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To: Art Bechhoefer who wrote (6264)7/4/1999 5:43:00 PM
From: Paul Senior  Read Replies (1) of 60323
 
Art and others: re. undervalued vs. speculative buy. Okay, maybe we might be looking at the same picture.
I can also understand the argument for buying based on future events that are likely to unfold (lawsuit resolution, joint ventures, more digital camera product publicity, public consciousness and imagination run wild on MP3 potential). And I can even stretch to want-to/hope-to believe that SNDK @ 45 is maybe/kinda/sorta a SAFER buy now than SNDK @ 25 or less a few months back. So maybe I even might succumb to buy more at the current price. As a speculative buy. A small amount. A trading position. I just won't be telling myself though that I'm doing it because SNDK's undervalued -g-.

Paul Senior (long SNDK)
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