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Technology Stocks : WDC/Sandisk Corporation
WDC 214.00+0.9%3:59 PM EST
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To: Ausdauer who wrote (4293)1/14/1999 8:21:00 AM
From: Sam   of 60323
 
Tom,
<<We are going to give back ground here at some point. I am still holding and think that SanDisk still has better days to come.>>

For what its worth, I agree. I held all the up to 40, all the way back to 5 (groan), bought a little more at 7ish to reduce my average cost to below 10, and wait. It isn't even in my brain to sell (unlike some of the other semi equipment stocks that I have bought and sold recently), much as I would have liked to have caught a internut wave, or get one like KMAG has been in the past couple of months. I think that their patent portfolio--and Eli's ambitions--give SNDK a shot at becoming a major company, and would like to be there if it happens. If it does, the "dead money" years will be more than made up by some hefty long term capital gains.
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