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Technology Stocks : WDC/Sandisk Corporation
WDC 169.55-0.2%Dec 9 3:59 PM EST

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To: TREND1 who wrote (11665)6/1/2000 11:13:00 AM
From: Tumbleweed  Read Replies (1) of 60323
 
Larry, re entry price.

I dont see why the entry price makes any difference. Either the shares are going to go up over a period you are happy to hold for, or they aren't. In the first case you should hold (obviously), in the second, you should sell. (Ignoring tax considerations, and assuming that you have nowhere else you would prefer to put your money)

I am in at a variety of prices, but if I thought Sandisk wouldn't be going higher, I'd be selling irrespective of what I bought at, and how much profit or loss I was making (again, forgetting tax for the moment).

Or is there something I am missing?

Joe
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