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

To: Ausdauer who wrote (11035)	5/14/2000 10:07:00 AM
From: Zeev Hed	Read Replies (4) \| Respond to of 60323

Aus, congrats on an excellent report. However, I must voice disagreement with one stated goal of this thread, namely: " We also feel that instilling shareholder loyalty ..." Frankly, until I see Corporate America developing a true sense of "loyalty" to their share holders, I do not see any useful purpose in shareholders developing loyalty to a company in which they hold stock. I have seen too many cases of "loyal shareholders" being washed down the drain because of their "loyalty". This comment has nothing to do specifically with SNDK, but you should know that if and when the "crunch" comes, public and small shareholders are the first to get the "shaft".I have seen that pattern repeat itself time after time, as a matter of fact, "ad nausea". This thread should have as its goal trying to help share holders and "to be shareholders" to maximize their profits, or returns on their investments. There are many ways to do that and differing opinions on such ways should be welcome on this thread, but "shareholders loyalty" is not something that, in general, increases shareholders' returns. If someone gave you some "proof" when the stock was trading in the $140 to $170 area, that it will trade at between 35% to 50% of that value within six months, would you be loyal or sell? You would not be very smart to be loyal and still promote a stock that you "knew" could be had at less than half that price. Now, unfortunately, no one knows, at any given point in time what will the price of an equity be six months hence, but various opinions should be allowed in order to provide the thread readers the opportunity to, at least, examine the rationale behind some writers' opinions that a stock might be higher or lower. Voicing a current negative outlook on the stock price should not be considered "treason" to the "cause", but just what it is "an opinion". Some opinions are better rationalized than others, and that is fine, but at least exchanges of rational deliberations can and should ensue. Zeev