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

To: Michael A. Gottesman who wrote (10276)	4/11/2000 10:06:00 AM
From: Ausdauer	Read Replies (3) \| Respond to of 60323

Mike, It appears as if all the margin accounts and weak hands were taken out last Tuesday. I made the mistake of expending all my dry powder after the legal win before the sell-off a week ago. I was simply following standard Gorilla Game strategy at the time. In retrospect, I should have been more sensitive to general market issues as Sam has cautioned many times in the past. Well, my excuse is I invest in very select stocks and turn a blind eye to general market trends given my longer term prospective on things. And when we see drastic dips on low volume I generally don't panic as it likely represents smaller players selling into a void. I grappled with valuation issues yesterday. I truly believe that opportunities to buy SNDK in the $90 range will be few and far between after next Wednesday. I may even be so bold to say that we may never look back. SanDisk plays a key enabling role in the digital age we have entered. In fact, SanDisk innovation facilitates many of the exciting technologies we all interact with on a daily basis. Please don't interpret this a "desperation" post filled with rationalization and overly enthusiastic expectations. I think my statements over the last few days (weeks?) explain my position on this stock. Ausdauer