WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.00

-0.4%

Nov 7 9:30 AM EST

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To: Art Bechhoefer who wrote (7246)	10/3/1999 12:12:00 PM
From: JJB	Read Replies (1) of 60323

Art, I agree that the fundamentals have not changed. In my opinion anyone who has bought this stock at any price level will do well in the long term. Perhaps the investors (long terms) should stop reading here. OK the rest of us. After the last earnings announcements this stock has had a remarkable run. I think I was one of the few that questioned the dynamics of that movement and for that reason sold. I had previously sold high and repurchased always putting the money (more shares back) couple of times. Remember a couple quarters back when the Yahoo thread started an earnings rumor that took the stock below 20 jeez. Perhaps I should be taking this luck to blackjack table, as that is all this is. At worst I end up owning this stock even if it goes down. Long term I cannot see that happening. The earthquake while igniting this could not have done the damage that has occurred to the stock. The steep increase which will attract quant type (short). The Secondary (someone posted a run and hide warning at the last one and remember 27 -> 7 ride) will cause volatility. If SNDK is to best position itself it must keep up with foundry technology and production to best leverage it's patents (crown jewels of the balance sheet) with no debt so as to survive any price war. Volatile = trading opportunity. I would be very careful to short this unless you were very agile. Some interesting reading dimgroup.com I do not lend any credence to short share stats as many NASDAQ MM don't report and ignore uptick rules. Looking for news on the secondary to establish a reentry point. Best luck to all SNDK longs. jjb

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