<<My answer is stability, something that the SanDisk stock price has never been able to achieve. I never asked to have it both ways, as Steve suggests. I would take a broader shareholder base and a lackluster 50¢ daily gain for the next 200 trading days over the peaks and valleys of the last many months.
I still vote for a stock split and an influx of informed individual investors enthusiastic about SanDisk's flash products. It's easy to get hooked on SNDK once you see what their technology permits. The gut wrenching volatility keeps the individual investors away, even those not yet confined to walkers and disposable personal hygiene products.>>
Aus, I believe a lot of people who own semiconductor stocks (such as myself) find themselves in the same rut that you're describing. The unfortunate reality is that for every news release that contradicts the next, the impetus for doubt is created. We, the flash investors, have been the culprits of this for a while now. We're kinda heading out into "uncharted waters", with the staggering amount of consumer devices changing the rules regarding cycle lengths, etc.. no one has an accurate way of predicting just how long the good times will last. If you're an Oliver Stone fan, you might also subscribe to the belief that the analysts are carefully laying out the contrarian releases in order to create buying opportunities for their customers..
Regardless, I'm an investor in SSTI, and the split certainly has helped the share price make less swings overall.. but it sure hasn't created less volatility. In my humble opinion, the only thing that will settle investor sentiment will be results, which will be proven in the next two quarter results, at least in SNDK's and SSTI's case..
All the best Aus, docpaul |
