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Technology Stocks : WDC/Sandisk Corporation
WDC 172.76-4.6%10:54 AM EST

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To: Michael Young who wrote (1106)10/26/1997 8:17:00 PM
From: Rex Dwyer  Read Replies (1) of 60323
 
I have seen how you have advised, correctly, that it is a high P/E company which can easily fall. I agree.

However, I have held because of the special nature of this exploding market. I don't like to pay Uncle Bill Clinton more than I have to in cap gains.

Again, I am waiting for the 100x sales increase. We already have about a 5x increase, so only two more 5x increases and we are there!

Rex

PS, are you really one of those MFxxxx guys on the Motley Fool? If so, do you post on SNDK threads? If you like any info I have given you, please post it on AOL, but please give me some credit!
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