WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Stoctrash who wrote (6951)	9/12/1999 9:42:00 PM
From: Keith A Walker	Read Replies (1) of 60323

FredE, Well, once again we are on the opposite sides of the fence. Too bad, 'cause in general I think we've got similar styles with our trades. Look, no doubt, SNDK is a chip company. May be that all kids 12 and up will know the name - how many are buying Flash cards at $40 and up on a regular basis? The stuff is expensive and will attract competitors. "You're comparing apples to prize winning 500lb pumpkins here" - I do disagree with this one. Again, I am not long-term bearish on the stock. Actually, should have bought in at $12, but felt that Flash would be commoditized or replaced with something else, so I couldn't bring myself to buy. I could let this thing run to $120 before I got too nervous with my short position. 100 shares is no big deal. The market is on weak legs, IMHO, and taking a few short positions on almost anything is just a good trading sense in my mind. Just a trader trying to capitalize.

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