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Technology Stocks : WDC/Sandisk Corporation
WDC 137.19-2.2%11:33 AM EST

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To: Jeff Shapiro who wrote (2978)5/13/1998 5:07:00 AM
From: limtex  Read Replies (3) of 60323
 
Jeff -

Always comforting to have a new posters opinions please post again. The more we get the better the quality of the overall view.

In the meantime here is a copy of a post from Silicon Warrior who posts regularly on WCII. I thought it useful:-

"Hi folks: Don't forget: markets are markets. They are fickle in the short term for many bad reasons. If you know the technology and execution or idea is sound, a major part of investing is patience to let your winners mature and wait until others figure out what you already know. Case in point:WCII Just 12 months ago or so, the stock was at 9.75, down from 33. It's by far my largest holding. I own on margin, and was facing margin calls. My unrealized loss exceeded most american's net worth by a factor of 5. But, there was no negative news, the idea, business plan and technology was sound. The sector was out of favor, as were small caps with no earnings in general. Recently, the stock traded as high as 46!! My biggest win ever..I note that many of my small caps have dropped since april. Perhaps some rotations and profittaking. Remember, warren buffet holds for years...Good luck and godspeed with sandisk. SW. "

Regards,

L
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