I am sorry Ausdauer.
I apologize to all on the thread. It is perhaps my frustration from seeing most trades not go my way for a while. As I implied, when they all go down, even those defensive tricks do not work, only one that works seems to be hold cash. In the end, we all do what works best for us.
Since you want to share experience with SNDK. I'll describe mine. I actually came across SNDK in a roundabout way. I bought one of the early digital cameras, a cheap awful panasonic camera that uses CMOS instead of CCD. It fits in my pocket, and takes a 2MB CF cartridge. What made me interested was the PCMCIA adapter that allowed my notebook to see the CF as just another drive. But the 640x480 camera was awful and I soon lost interest.
Next, Canon came out with a 640x480 true CCD camera (Powershot 350) and I was hooked, I bought a 30MB Sandisk CF, and that's when I started looking at SNDK. When I went back to my panasonic CF, I actually saw the (C) Sandisk at the back. I started looking up the patents assinged to Sandisk and was surprised at what they owned in terms of IP. But I was surprised at how CLEAR the 640x480 images from the Canon P350 was.
That was when I first accumulated SNDK. Of course, later on, I bought other cameras, the Nikon 950 was the best one that I still am using now. I got a Casio E100 which I upgraded to a E105, (takes CF!) I also bought 2x96MB CF cartridges one of which is usually in the Casio. I've already decided to hold off on the Fuji S1pro/Nikon 990 upgrade --- that's inflationary spending and might upset Greenspan.
I believed in SNDK even back then because it was a compelling product, digital photography and PDAs were going to take over the world.
I think at these prices, they are a good bargain, but after my $50 entry, I don't know what my next step is.
Every painful lesson I learnt as a novice investor says do not average down, do I break this rule? I've already broken a second one : sell when losses exceed 10%, but that's been happening a lot lately, what harm can bending the rule once do?
Throughout all that, I lurked on this thread. This is one of the best and most civil threads around. |
