WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 181.08

+3.5%

Dec 19 9:30 AM EST

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To: limtex who wrote (26287)	7/2/2004 3:34:43 PM
From: Steve 667	Read Replies (1) of 60323

Limtex, When the stock starts it move up, it will not be right after an earnings announcement. It will be when it is not expected, but before the end of the year, unless a market, economic or world affair meltdown. My guess is Oct/Nov. The stock will do one of two things after earnings announcement. It will not go up with any vigor. Either nothing or drop. So if you are long, now might be a good time to hedge with some puts. This is the original reason options were invented. If there is a drop your insurance has served you well. If not it will not have cost much, since you should be able to sell them without much loss. Don't keep them more than a few days after announcement. Now maybe somebody here that is really into options can advise on on the optimum month and strike price to do exactly what I have explained. Any black scholl (spelling?) experts out there? Come on, now is your time to shine! Help us out. Regards, Steve All this IMHO of course. P.S. If it does go down, don't forget to buy some more after you sell your puts! Regards, Steve

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