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

To: Craig Freeman who wrote (6743)	8/25/1999 7:22:00 AM
From: orkrious	Read Replies (1) \| Respond to of 60323

I'm gonna sit on the shares I have left and do absolutely nothing. Craig, me too! I was discussing how parts of the market were overvalued on another thread a few days ago. On one hand were many 'nets which sell at astronomical levels almost without hope of ever making any money. On the other were deep value stocks. Somewhere in between were stocks like SNDK. They are a toll collector on many consumer devices, and, in the future, in our country, that is going to be HUGE. If you want to play, you;re going to pay SNDK. I said I bought it at 26, but it's not my style to buy at 90, and I wouldn't without a gun to my head. The more I read this press release, and knowing SNDK's dominant patent position, the more I think I was wrong. I'm becoming less convinced that stock is way ahead of itself. Still, I'll happily let others buy at these prices. I'm going to hold the 85% that I have left of my original purchase for a long time. Jay