SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Jim Greif who wrote (6771)8/26/1999 5:33:00 PM
From: Ausdauer  Respond to of 60323
 
Jim, Betty, Thread...

I am ecstatic that we are at $85.00.

We have two great quarters coming up and a couple of years of good growth ahead of that.

People who have tried to trade SNDK have sold at $45 and $50 and $60 and $72 and $80 and $85 and $90 and $95. Trying to guess the top is just impossible with this stock.

Personally I feel confident about the future. No use at all beating yourself up because you didn't "sell out" at $95 3/4.

Maybe the bigger float will help curb the volatility.

Ausdauer



To: Jim Greif who wrote (6771)8/26/1999 8:48:00 PM
From: SBHX  Read Replies (1) | Respond to of 60323
 
-OT- Stocks in general.

Thread,

After riding the longest bull market in history, at some point long ago, I was afraid that this couldn't last forever could it? Even with emphasis on companies that are profitable and have consistent EARNINGS growth every quarter, I'm wondering if someday, it will all come crashing down. How much does earnings have to grow by to justify a company whose stock price has gone up so steeply?

I'm playing with chips and semiconductors, pretty much one of the hottest area all year long. $ losses like today is enough to make a philosopher out of anyone. With two exceptions, I'm seeing red across the board. SNDK is the biggest loss, but there were days when SNDK was the highest gainer.

Yet, the few times when I took money off the table, I've been proven wrong, I missed a couple of corrections, but it always recovers quickly. Eventually, you think this will never stop, yet days like this just makes you wonder.

What's for tomorrow? Fear or Hope?