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Technology Stocks : WDC/Sandisk Corporation
WDC 181.08+3.5%Dec 19 9:30 AM EST

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To: Art Bechhoefer who wrote (6618)8/15/1999 8:09:00 AM
From: Craig Freeman  Read Replies (2) of 60323
 
Art, I couldn't agree with you more. In fact, when SNDK fell below $40, I sold one January 2000 call with a $40 strike for $800+. Today, that call is worth $4,000 more than when I sold it and I feel ... to say the least ... unhappy about the transaction.

As smart as I was when I did my deed and as smart as you may be in recommending similar transactions to others, you really have to wonder how we went from $5 to >$80 and why ... BEFORE you place any bets.

I don't have many answers but I still have a whole lot of questions. A broker I had dinner with this evening suggested that SNDK might be a great $30 stock. I am hoping that he, like so many brokers before him, is dead wrong.

Craig

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