WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 179.56

+0.7%

9:30 AM EST

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To: orkrious who wrote (6635)	8/16/1999 12:38:00 PM
From: Craig Freeman	of 60323

Jay, re: "Why not just buy them back?" In the case of SNDK (or any other rocket stock), when you buy back a sold call you get a large short-term loss while the stock's gain is still locked away as a future long-term gain. Cash is king but a tax write-off is a nice consolation prize. Craig PS Last night, I overheard part of a TV advertisement for a web site offering low-cost MP3 downloads. Did anyone catch the details?

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