WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: Tumbleweed who wrote (6284)	7/7/1999 3:46:00 PM
From: Art Bechhoefer	Read Replies (1) of 60323

With the Lexar litigation still unresolved but likely to go in favor of SNDK, this would NOT be the time to take profits. With the latest earnings to be released shortly, giving us an opportunity to study not only net income but revenues and sources of revenues, this is another reason NOT to sell. If the above news is favorable and the stock goes up faster than the overall market, THEN a conservative investor might want to consider locking in profits through the sale of covered call options with an expiration date at least three months in advance and a striking price slightly above whatever is the market price after the favorable news. If the news is not so favorable, then the preferred strategy is simpler - just hang in there.

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