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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (6620)	8/14/1999 3:23:00 PM
From: gdichaz	Respond to of 60323

Paul: Chuckle. Right on. Your points are beautifully made and are clearly based on a depth of investing experience. Of course it is necessary to take profits. But IMO it is more important to take losses - minimize them. And absolutely there needs to be a cushion to avoid having to sell when it makes more sense to hold on. And each individual has a different set of goals and risk tolerance, so best not to give advice - but its fun, no? My only question to Art was why use covered calls on a stock like SanDisk as the way to get cash? But in fairness, he probably didn't mean that, so I asked what other options there might be. Cheers. Chaz PS Very pleased to have some SanDisk to hold, or to sell when I choose to do so - which for me BTW ain't right now. :-) PPS And not all old duffers are conservative.