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

To: John Z who wrote (8623)	1/7/2000 6:05:00 PM
From: Tumbleweed	Read Replies (1) \| Respond to of 60323

To anyone out there..I want to purchase stocks that are involved with the rapidly expanding market of digital cameras..Is it safe to say that SanDisk is one of the leaders in there field? JZ Yep. And it is a 'pure play', that is, other companies who might also have interests in that field do many other things as well. But dont forget that there are many other applications for these storage media which will eclipse camera sales by a looong way. MP3 players and memory for wireless phones being two of the main ones. Plus some others coming up 'out of left field' such as digital dog tags, medical records and so on. If you are going to get on this bus, the train may be leaving soon, results in a couple of weeks or so. Assuming they are good, you probably wont be able to buy under 100 ever again (excepting NASDAQ meltdowns of course) thats the risk buying now of course, though there is no indication they will not be good Joe

To: John Z who wrote (8623)	1/8/2000 10:23:00 PM
From: Craig Freeman	Respond to of 60323

John, re "is there anybody out there?" Lots of people have had a REALLY bad week owning techs. Fact is that SNDK has performed well considering the post-Y2K tech plunge. In the past week, money was moved from techs to "financials", "health" and "oil". Considering the end-of-year run on tech stocks, it shows only that money is moving in and around but not "out" of the market. Yes ... SNDK remains a leader in its field. And yes, SNDK is a good investment. So long as you average your P/E's to a reasonable place and have SNDK as only a part of a "well-diversified portfolio". FYI, my tech holdings went down like a rocket but my non-tech holdings went up similarly. Despite holding MSFT as "Numero Uno", I am down overall <2% for Y2K. The market trend is up but techs are trending toward a correction. If you are positioned correctly, BFD. If on margin, get the h**k out of being on margin! Otherwise, I'd say it's a "hold". Some people are recommending bonds. IMHO, the right time to own bonds is when they are paying 9%+. Whether the long bond is at 6%, 7% or even 8% ... it is still not time for money to leave the equity markets. Maybe a shift here or there but still not time to sell equities with >50% market share like SNDK. Craig