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Technology Stocks : WDC/Sandisk Corporation
WDC 155.45+3.0%Nov 25 3:59 PM EST
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To: jkb who wrote (3485)7/7/1998 8:12:00 AM
From: Jerome Wittamer  Read Replies (1) of 60323
 
Helas non! no more hype, if I did ever hype it. Maybe a few times. The rest was faith based on twisted facts.

There is no emotion in my bailing out of this stock. I may have shown a little anger but remember I did personally not loose money, I lost my friends and parents money. These are totally different things. :)

Not kidding, I needed the money and they don't for the foreseeable future.

You and the others may not believe or even understand my position but I did trust the management even though Dr Eli did what he did last November, this was my biggest error.

Looking at the news, industry surveys and other related factors since Jan 1, everything concurred in the same direction : SNDK was in the right position to succeed. Nothing but price action was giving any indication of the seriousness of the crisis at SNDK.

I must say that some, like limtex, smelt something wrong and dirty was going on. I did not believe that.

With hindsight I ought to admit that limtex was right since the beginning (Nov97).

Yes, limtex is one hell of a guy. His last posts show his amazing wit and ability to analyze information. I'd say he's probably the smartest on the thread. But as always he's "just" clumsily and humbly hinting at this or that.

Now I am awake and wary. Did you ever ask yourselves what you'd think if limtex and I were right in our recent analysis (manipulation, rogue management)? What would you do?

I'm sure it's no surprise to you but I did think what I posted.
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