WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 157.75

+0.4%

Nov 14 9:30 AM EST

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To: Ausdauer who wrote (18487)	1/24/2001 6:56:49 PM
From: Dave Gore	Read Replies (1) of 60323

Ausdauer, I am not sure they did. Remember it is always dangerous when a stock has run up 60% in the few weeks just prior to earnings. A lot of people sold immediately when they sought to protect their large profits when the outlook was not so good. You can't blame them really as they bought low and then moved their money to a stock with a better immediate outlook. There isn't a lof of long term love anymore. In fact, investors are for the most part having very short affairs due to the uncertainties. I don't like it, but I have learned to deal with it. I bought ELNT at $21 last month and was long gone before it hit $55 unfortunately, but there was no way I was going to hold through earnings. I bought some EXDS at $15 and no way I was going to hold through earnings today (it closed at $28+ and now is around $26 after earnings). I also bought FDRY at 10-1/4 and sold way before earnings today. Stock is at $23 or so now. MORAL: if you buy early, you don't have to risk a whole lot to make a profit. It takes guts and DD but the reward to risk ratio is a lot higher. Good luck, DAVE

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