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

To: Ausdauer who wrote (7301)	10/4/1999 4:44:00 PM
From: Sam	Respond to of 60323

Aus, Well, you probably know this already, but-- the problem with being a trader is that you never know when the ups and downs are coming. Yeah, you hit a few, but you also miss a few, probably more than a few, and you get whipsawed, and you pay taxes (commissions are a non-factor now with on-line trading, but used to be) when you're right. Yes, we might have hit the skids without the earthquake, and we might not have. The secondary might have gotten off in the 80s, and with all that extra cash in the coffers, the company may have gone over a hundred. We may still get a nice pop after the CC. I'm presuming a strong report and strong guidance. Perhaps this is happening because some bad stuff has leaked. I'll be very surprised if that is true, but it wouldn't be the first time I've been surprised. All else said, I think we'll be a good deal higher this time next year. Keep the faith. Best wishes, Sam

To: Ausdauer who wrote (7301)	10/4/1999 5:24:00 PM
From: JJB	Read Replies (1) \| Respond to of 60323

Aus, At 55 I'm I trader too. An update on the secondary would be nice though. jjb

To: Ausdauer who wrote (7301)	10/4/1999 6:30:00 PM
From: Craig Freeman	Respond to of 60323

IBM squeezes 4.3GB on one square inch of media. Makes you wonder what the capacity will be for next-generation Microdrives. news.cnet.com Craig

To: Ausdauer who wrote (7301)	10/5/1999 10:58:00 PM
From: Sam	Read Replies (1) \| Respond to of 60323

Aus and all, My take, revisited: The Fed stayed pat on rates and put on a tightening bias, as I suspected they would. The market had a brief sell-off, then came back in a pretty amazing way at the end of the day. This is not the end of the sell-off, however, though there may be a brief rally for a couple of days. We are going to be like a roller coaster for awhile, a really steep, fast rollar coaster, the modern kind. I think we may well get another chance to sell Sandisk in the high 60s or low 70s in the not very distant future, if we're inclined to sell. And also another chance after that to buy in the 50s and maybe even the 40s. I would be extremely surprised if Craig gets a chance to buy in the 30s, but after last year's trip to single digits, you can't rule anything out definitively for a stock like this one. If tech stocks get really tagged for some reason (Y2K scares along with interest rate increases and dollar weakness? I know they shouldn't go together, but this year looks like they actually might! At least, the latter two appear to be occurring before our very eyes.), the yeah, we might be able to wake Craig up if we're not all in too much shock ourselves. Don't invest out any second mortgages in the market right now. Best, Sam