WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.11

-5.4%

Nov 13 3:59 PM EST

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To: Jim Greif who wrote (6370)	7/15/1999 12:58:00 PM
From: Paul Senior	Read Replies (1) of 60323

I'm taking some profits this morning. Obviously, it seems I do not know what I am doing since I've slowly sold some at @ 25 and @34. And I was too slow to initiate a trading position as discussed here, and which seemed like a reasonable bet @ 42 when SNDK was 42. We all have our individual goals and desires. I hold SNDK within a very diversified portfolio, and I am trying to be both astute and prudent in managing the portfolio. I see no reason why the recent runnup in SNDK cannot continue, especially if knowledgeable people are predicting 75 or 100 for SNDK. (which could easily occur if SNDK announces they will split the stock -- which seems a very likely possibility to me) But when people are begging for the stock - as appears today and yesterday - then I would like to accommodate them. Just as with other stocks, when people are crying for any buyer to appear, I want to accommodate them too. (I call that buying low and selling high.) At this point though, again, for me-- I guess I'm just more cowardly (prudent is the more charitable word -g-) than forward-thinking-- so I'm taking a little more off the table. Paul Senior

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