WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 179.47

-1.1%

12:02 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Suma who wrote (26811)	10/14/2004 8:51:06 PM
From: Trader J	Read Replies (1) of 60323

Well ... I had to dip into some longer term calls. I jumped into a fair number of Jan 07 35s today ... they got a 50% haircut. A little longer than I really prefer to go but 06 is the year that I think they make or break their model and we see what they really have. Additionally, I will be a couple thousand long shares as well when the dust settles. I got some today at 21.60 but sold out when it started breaking down .... just no floor yet. If this thing breaks 20, there will be a lot of volume to the downside but I think it will bounce back pretty quickly. I also believe this will be dead money for the next quarter ...... just too much lost faith and integrity now. We could see 23 or so, but without a catalyst for a higher move, any small rallys will probably be sold. There will be short covering that may help soon. Just looking for the support. Anyone else have any leap positions? Still sitting on Jan 05 27.50s ($2.20) too .... sure wish I would have sold those at $6+. :o) TJ

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next