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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: Jim Greif who wrote (1708)11/19/1997 2:30:00 PM
From: Mike Winn  Read Replies (1) of 60323
 
Jim,

Despite my constant whining, I am very patient and positive about this company. I just hope that the market won't become irrational and punish this stock down to the low 20s like it did last month. I bought my original shares about a couple months ago at 26-27, then bought some more at 31 after the crash, and just bought another batch at 24. My average price is now around 25-26 and I basically made almost nothing for the last couple of months. I am now loaded up with this stock at an insane level and any drop to the low 20s will make me want to jump off the tallest building in my town. Somebody on another thread had posted the art of properly jumping off buildings: exchange2000.com.

I am gonna do some practice just in case.

Mike.

P.S. Volume seems to be dried up around 1.5 million. Doesn't seem like the company has done a very good job touting to the institutions during the road show.

P.S.S. Despite all the info the investors can get from the Internet, it seems like we are still dependent on the analysts to give a stock some good blessing before it can take off. An upward 12-month price target will definitively give this stock a boost.
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