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Technology Stocks : WDC/Sandisk Corporation
WDC 157.11-5.4%3:59 PM EST

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To: Apollo who wrote (12117)6/20/2000 5:44:00 PM
From: Ausdauer  Read Replies (3) of 60323
 
Apollo,

The April/May softness in the market really hurts those who discovered high potential/high flying stocks just before the dive. SNDK and GMST are both well off their record highs.

I know exactly how KY feels. I got some family members into SNDK after the Lexar legal victory because I felt it was a landmark decision for SanDisk. Well, I could not have been more wrong. Fortunately they were able to average down somewhat after the market tanked and are above water now.

I suspect KY had a similar experience getting in on GMST during the upswing. I am sure many others are in the same boat.

The redeeming factor is the unrealized potential of both stocks, SNDK and GMST.

Ausdauer
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