WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 156.38

-0.5%

10:31 AM EST

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To: Jerome Wittamer who wrote (3047)	5/21/1998 7:43:00 AM
From: Ausdauer	Read Replies (2) of 60323

Dear Thread, The natural reaction to yesterday's fall is to panic. Recall that it was a below average day for volume. The stock held its ground the day before with three times the volume. I decided to reassess the my logic when I bought into this company six weeks ago at 25 1/4. My rationale for the investment has not changed. I have added to my position every week or so and even bought this week at 18 1/2. I just think that 6 weeks is too short a period of time to give up faith. I may end up losing a big bundle of cash if there is something ominous going on behind the scenes that we are no privy to. I will certainly lose a big bundle of cash if I bail. I am still long. I don't feel that I am long "because I have to be." Everyone needs to reassess their thinking and make an individual decision. My patience and my stomach are being tested to the max. Yet I hang on with undying faith. Infatuation is probably a good descriptor. But at least my infatuation is based on good business fundamentals.

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