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Technology Stocks : WDC/Sandisk Corporation
WDC 153.55-5.5%12:52 PM EST

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To: Grashopper who wrote (17600)12/24/2000 11:56:09 AM
From: Ausdauer  Read Replies (4) of 60323
 
Grasshopper...

ps if i had a random thought it would be that no stock is forever

One of the first chapters in one of Peter Lynch's investment
books talks about tulips and how tulip bulbs suddenly became
an unbelievably hot commodity around the world despite their
abundancy. Well, that was true for many tech stocks in February
and March of this year. You can't imagine how painful it is at
this moment to have held SanDisk through its incredible rise.
In retrospect, it was bulb selling season. But I had made a promise
to myself to hold SNDK through a few more splits and to wait for
annual sales to grow several multiples of last year's record
$250 million in total revenues.

I'll know better next time and remain confident there will
be another chance to peddle bulbs.

Best,

Aus
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