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

To: Don Hess who wrote (9119)	2/8/2000 7:42:00 AM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Don, re: "fully invested" I agree with your logic, Don. It is very difficult to hold cash in this type of environment. I can imagine many people recycling their capital gains on new stock picks rather than squirreling away a big chunk at 5% in cash reserve account. In fact, there was an article in IBD yesterday indicating that personal savings have declined indirectly proportional to equity investments. Also, people are the investing equity they have built up in their homes. (Hey, that sounds familiar.) It seems that a large number of investors feel bulletproof. I read an article this weekend in our paper about investors who inadvertently purchased stock in BMC Industries (symbol: BMC) rather than BMC Software (symbol: BMCS) because of a rumored takeover of BMCS by IBM. Well, BMC Industries makes parts for TV picture tubes. The stock's trading volume increased 6 fold the day the rumor was started. According to the CFO there were blocks as large as 50,000 shares traded. A block this size represents a $2 1/2 million trade. Who is so cavalier as to invest $2 1/2 million dollars on the wrong stock symbol??? (Probably the same guy who thinks Gadzooks is a retail clothier!!!) Lunacy prevails, folks. I have stopped trying to figure this market out. It is beyond description and will be held to no known theory or formula. Ausdauer

To: Don Hess who wrote (9119)	2/9/2000 8:36:00 AM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Don, Mike and Thread, Talk about being bullish on SNDK. I listened to the VCALL last night on WallStreetR@dio.com and Bruce Setzer was really lit up about SNDK. He touted SNDK last June at a price of $45/share. I think he in the same camp with us longs without a doubt. I don't like the fact that there is so much garbage you need to wade through on that call in order to listen to the few tidbits on SanDisk. I would consider downloading the call and then skipping the first 40 minutes as Mike has suggested. go2net.newsalert.com Guess my $150 price target for year-end 2000 was a bit conservative figuring we traded upto $156 yesterday. Go figure. Ausdauer