WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+1.5%

Nov 26 3:59 PM EST

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To: luther yow who wrote (15377)	10/6/2000 3:06:17 PM
From: Road Walker	Read Replies (1) of 60323

Luther, The only news I know is that it's October and some folks think the semi-cycle has turned negative and all techs are overvalued anyway. Tell you what you do. Sell 10 SNDK Jan '01 60 put contracts (symbol swqml) for about $9. (gross $9000). If SanDisk ends up below $60 you will have to buy 1000 shares and your net cost will be $51. If it's above $60 at expiration you get to keep the 9 grand, and that will buy you a nice digital camera, a lot of CF cards, and a very nice European vacation to boot. John

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