Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Art Bechhoefer who wrote (8078)	11/11/1999 6:57:00 PM
From: Don Hess	Read Replies (2) \| Respond to of 60323

Art - I didn't respond to your initial 3-fold projection post as I was too busy wishing I were Elizabeth Smallfelt. I have recovered. I agree with your premise entirely. I think SanDisk has been and is nothing but a series of buy opportunities, ranging from screaming buy to just plain, ordinary buy. I knew way back when, when I sold half my position at 37 (the high peaked at 37 and change) that I was in one way lucky and in other ways stupid; I knew this company would be at $100 sooner or later. After that, I bought at $20, and I knew I had a screaming steal. I did. On the more recent downturn, I bought at $53 and change while Betty and other smartasses waited a day and got in at $14 less. But anyhow, I again knew that my $53 buy was gold. In all of this, and even now in the upper 70's, I cannot for a minute understand why individuals and institutions are not snapping up shares. I would be, if I only had some more cash. This is a product that has demand way in excess of production. The demand is growing, not on a plateau. Competitors are either clueless as to compatibility (Sony) or feeding us anyway through royalties. And even if you take competition out of the picture, SNDK has nowhere to go but up based upon current consumer demand. If 1/10th of the people who follow the fortunes of Intel would discover the easter egg that is SanDisk, this stock would be at $300 in a week. In short, there is no downside, and the upside is enormous. I like your long-term prediction, but dislike it only because it presumes incredible stupidity during the term. If people miss SNDK now, shame on them. - Don