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To: Mark Oliver who wrote (10936)	5/10/2000 10:46:00 AM
From: Zeev Hed	Read Replies (1) \| Respond to of 60323

Mark, it is very tough to call, SNDK could drop another $10 from here like nothing, or even more. I think it could rally to just under $72 if you are in a mood of taking a loss. I think that within six months it has a good chance of going back above $88, which I believe will be a "fighting line". What to do, well, that I cannot help you with. One thing however, should be important and that is not to consider the tax situation too much. Zeev

To: Mark Oliver who wrote (10936)	5/10/2000 12:16:00 PM
From: Paul Senior	Read Replies (2) \| Respond to of 60323

Mark Oliver, you should reduce your position in SNDK. 1. Your posts on SI all seem to be in 2nd or 3rd tier tech companies. I conclude from this you are too overweighted in technology. 2. You are/were "afraid to take the tax hit". All the investment books I've read say reluctance to pay taxes is a poor reason for not taking profits. Imo, you are still avoiding that by trying to preserve gains through offsets by "exploring selling call options". 3. You bought this stock and "wanted to go to sleep". Now you say you were "asleep at the wheel". You're "too busy" to read this thread, but have time to investigate options on the stock? I conclude you are comfortable owning what you don't know when it is going up; very uncomfortable when it is going down. 4. Only now you come to realize that SNDK "might not be a steal at 65"? That although the company is doing great and will be doing great, that that is a lot different from what the stock might do, what people might be willing to pay for the stock? You need to sell this stock down to your comfort level. IMO. OTOH. You were astute enough to buy the thing at $27, so whatever method (or luck) got you to buy and hold, that has worked out for you very well (imo). No one can be sure of the price SNDK will be trading for next week. The stock could be up or down from here. I'm giving my opinion with some anger of my own (at myself- since I've added at much higher prices and I'm not a happy camper)-- and to suggest that someone who might have doubts about the stock NOW sell, on a day when SNDK is already just this morning down 8 to 64+, well, that just adds to the FUD (fear, uncertainty, and doubt) that obviously we all face as we see SNDK decimated and the market almost free falling. I mean no cheap shot by offering my opinion. I have a lot of opinions on a lot of stocks and portfolio strategies- and I've been wrong many, many times. fwiw, Paul Senior, still holding (on)... but... who can scare himself out of stocks when the pain is too much, and who, possibly may be more like Mike Oliver than he would like to believe.