WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 166.30

-4.7%

Dec 17 3:59 PM EST

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To: John Koligman who wrote (41683)	2/9/2009 7:43:51 AM
From: Pam	4 Recommendations Read Replies (1) of 60323

Here's the deal on buy and hold for the past decade as compared to the decade after the '29 crash and the 'stagflationary' '70's... My comments were in reference to Art's long-term B&H strategy, which obviously hasn't worked over the last decade unless you timed it perfectly and bought your stock at the lowest prices since the company went public!! I did not suggest that there is no money to be made in SNDK if one buys at current prices. Even though the recent low has been 5.xx, one can buy stock at 8.xx or 11.xx and there will be a time in the future where you should be able to make money, just as one could have made money in the last decade selling at 50's or 60's or 70's, but it ain't gonna happen with just a B&H strategy! One will have to sell the stock when one is making money! This is a stock where the underlying product is a commodity and it will have its cycles. You just can't do B&H with this one.

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