WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 161.03

+3.5%

3:59 PM EST

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To: Bill Zeman who wrote (5189)	3/24/1999 4:26:00 AM
From: Bruno Cipolla	Read Replies (1) of 60323

i believe a big factor in the drop is the lack of institutional selling. Of course i'm holding. i rode it from 10 to 40 (i had call options) and i had a huge strike of luck 'cause my options were expiring in October '97 so i insured myself buying the corresponding puts and made a bunch notwidthstanding the drop after the earning announcement. (sold both 12.5 calls and 37.5 puts) then, when the stock went down i lost some money buying calls that expired almost worthless and then bought stock at around 10 last aug-sep. I also bought some 7.5 calls in november.... If i only had such a luck every time...!! B.

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