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: Ausdauer who wrote (10564)	4/21/2000 12:02:00 AM
From: Paul Senior	Read Replies (1) \| Respond to of 60323

Aus, you and I are on different communication planes. I'm not sure what you are trying to explain to me. I can follow your history of SNDK, but I'm stuck on your confidence reasoning. You say: "I also believe in concentrating my investments in stocks I am confident in." Is it a necessary and/or sufficient condition that one should be confident of one's investment? SNDK's performance was greater when you had less confidence in it, is that not so? "But despite my worst fears at the time, SanDisk is now up some 6 fold since it was presented it to the G.G. investors less than one year ago." But now that SNDK is up 6 fold you are willing to concentrate your portfolio even more in it (because you are more confident)? "The funny thing is I feel more confident in SNDK now at the current price levels than I did 10 months ago." Perhaps you are saying we know now more about SNDK, there's more to see of the business evolution, there's more delivery of results, more joint ventures, more to like. So you are more confident. But to me, the way I see things, the price is up 6x in a year, there's volatility all over the markets, and now would be a time to be less confident, not more. The way I see it now, I separate confidence in SNDK, the business, vs. confidence in SNDK,the stock. It's my opinion that people are confident about their SNDK stock (vs. the business) because the stock has gone up and might be expected to continue doing so. It's easy for me to believe that SNDK, the company, could have excellent results from here forward, yet SNDK the stock remain in a protracted and discouraging trading range. I'm saying I'm not confident about SNDK the stock. I'm also saying though, I haven't sold and am buying more. I call it a gamble. Paul