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

To: Sam who wrote (6777)	8/26/1999 10:26:00 PM
From: Don Hess	Read Replies (1) \| Respond to of 60323

SNDK at $170. How realistic is that? If one has 8 months to a year to wait, I think it is not only possible but highly probable. Today's move from $94 to $85, while not what I would have wished for, is lemonade from lemons: a buying opportunity for those who have been on the sidelines wishing to get in. So $85 to $170 is their doubling opportunity, and a very good bet at that, considering the sales that will transpire between now and the end of 1Q 2000. Now, maybe there will be even a better opportunity to get in tomorrow, or a week from tomorrow or a month from tomorrow. But getting in and holding, while expensive these days, is far less painful than watching the train roll on and on, knowing you're not on board. I'm reminded of an article 3-4 years ago, about the Motley Fool (in their heyday) entitled "Buying High And Selling Higher". The point was, while everyone dreams of finding that one stock they can get in at at $5 and sell at $95, the chances of your doing so are 1 in 1000. So..why not buy a stock that has been highly valued if the REASON it has been so valued is a damn good one? Momentum inspired by results and opportunity (as opposed to hype) is a reason to invest. So, your gains are "only" 50% or 75% or 100% while the charter members are seeing 15 baggers...so what? Turning a high-double-digit return in less than a year sure beats T-bills. I would not be shy to recommend $85 as an entry point for someone new to SanDisk, provided they had up to a year's time to wait. Seeing $170 at the end of that year is where all the arrows are pointing, seeing something less than $85 would take an incredibly unlikely chain of wholly unforeseen circumstances. I'm bullish, and strongly considering accumulation. - Don

To: Sam who wrote (6777)	8/27/1999 5:50:00 AM
From: limtex	Read Replies (1) \| Respond to of 60323

Sam - prescient ??? Goodness Sam what college did you go to? I have never seen a word of that quality used anywhere on SI!!!! Elizabeth... My view is that if the d-players are going to conquer they must have the ability to take oout one storage device and replace it with another as sitting on a plane or on the beach or in your hotel room or just every day normal one gets tired of an hour or so the same music and you wnat a change. That how Amazon or old fashioned record stores work. Once you have an inventory of a few CFs OK then OK you could travel a bit etc. I don't think we need to have music sold in stores on CF but on the otehr hand why not itf we could get the price of the CF low enough but the economics seem to me to be a bit difficult there. You would need to be in the cost range that CF's were disposable. Mind you if we ever do get to that stange inside the Patent life well SNDK will be a lot more valuable than today. Best regards, L