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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%3:59 PM EST
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To: Ausdauer who wrote (14622)9/8/2000 4:51:08 PM
From: Steve 667  Read Replies (1) of 60323
 
I don't think 5%+ moves on a day-to-day basis are normal.

For Sandisk, it is very normal. Happens all the time.

a split announcement is Dr. Harari's way of saying that continued robust growth is expected.

If that were the case, he would have spit it in April and again in July. No Dr. Harah has said in words of one syllable that: "continued robust growth is expected." He couldn't have said it any plainer than he did. Anyone who understands English understood what he meant. There is no need to spit the stock.

"WE NEED A LARGER BASE OF INDIVIDUAL SHAREHOLDERS WITH A LONG-TERM PERSPECTIVE."

Hey, if the base we have now doesn't understand the long term perspective, then an even larger base isn't going to be any better. In fact just the opposite. Fewer but smarter shareholders like us holding all the stock would be best. So perhaps a 1 to 3 reverse spit would be the better move here. If we went the other way and spit 2 for 1 many investors will see it as a sign of weakness and the company is just tying to hype the stock.

Remember volatility is a good thing! If it goes down fast, it will go up fast, everything else being equal. Take some time off Aus, you are working too hard. Have a nice weekend.

Steve 667
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