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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: Art Bechhoefer who wrote (11355)5/22/2000 6:23:00 PM
From: Greg h2o  Read Replies (1) of 60323
 
<<Most individual investors will probably do a lot better by just buying and holding, accumulating when there appears to be an unusual opportunity, such as now>>
art, respectfully, i'd like to point out that the same opportunities exist when the stock price is grossly overvalued, as well.... then, the investor can sell. sure, the optimal holding period is "forever", but let's be honest about this market. when a stock can have the swings we've seen in SNDK, it's prudent to keep an eye on it and not just "forget about it". after buying at just under 51 today, i'll be watching it very carefully. oh, and if it goes down, since i only established a 1/2 position, i'll be adding more if we see the upper 30's to 40. (sorry, but it could happen)
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