WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 174.98

+5.2%

3:59 PM EST

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To: Rex Dwyer who wrote (3275)	6/18/1998 2:58:00 AM
From: Jerome Wittamer	Read Replies (1) of 60323

Jerome, you may want to have a long term long position... in addition to your trading stock. The thing is, I personally won't take a long term position since I must pay the tuiton for my MBA before September. The portfolios I manage are much less traded and are long SNDK. I would expect a nice position in puts would be suitable at this time. Options expiration is tomorrow. What do you guys think of SanDisk PR activity? Earnings are near. This could be an attempt to support the stock and it works. But it could be also an attempt to lift the price in advance of bad news...like the 2Q is ok at 19c but 3Q and 4Q will likely be flat as a result of increased competition... any other idea?

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