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

To: Zeev Hed who wrote (11040)	5/14/2000 11:32:00 AM
From: Ausdauer	Respond to of 60323

Zeev, Thanks for your candid remarks. I have not developed quite a jaundiced view of the investment community despite the fact that I have been a victim of shady activity on other investments. One of my first investments was in a local software company that falsified earnings by counting revenues on shipped product that was not actually purchased. When these products were later returned earnings were restated. The CEO and CFO left simultaneously as the scam was uncovered. I lost practically all of my original investment. That was a painful lesson. In today's Internet environment some of the usual means of gaining the upper hand on the individual investor have vanished. Announced conference calls, press releases, Internet "radio" interviews, and access to public documents (read: Counselor Mike Gottesman) have been great equalizers. Selective disclosure is a big issue being targeted by the SEC. In fact, the Director of the SEC is a staunch supporter of the individual investor. I am not so na‹ve as to believe that selective disclosure is a thing of the past or that insider information doesn't slip from loose lips, but I still try to see a ray of optimism in this financial world that is filled with smoke and mirrors. It would be too depressing to walk around doubting or second-guessing everything that one heard or read; fatal optimism is perhaps the lesser of two evils. The issue you raise boils down to one fundamental belief. That is the belief in management. When it comes to this investment I would have no reservation about placing my support behind SNDK management. And strong, grass roots(?) support by individual investors who believe in the SanDisk's long-term vision, support SanDisk's product line with individual purchases and demonstrate belief in SanDisk management seems to be the only weapon we have against "The System". So far SNDK management has done nothing to jeopardize their credibility in my eyes and I am sure you feel the same way. I agree totally that we need some help here with the extremes of valuation both on the high side and the low side. I stated before that I would not be against trading a portion of my holdings based on technical analysis of the stock's activity at either extreme. In fact, you have been quite insightful (if not prophetic) in this regard. Ausdauer ("Rage against the machine.")

To: Zeev Hed who wrote (11040)	5/14/2000 9:26:00 PM
From: SBHX	Respond to of 60323

OT- Re : Shareholder loyalty. Well said Zeev. A long time ago, I was 'married' to my first successful stock and felt that each person who dared to ask contrary questions were shorts to be beaten back. In the end all dissent were gone from that thread. Even good companies do not go up in a straight line. In my case, it halved, and took a year to recover and continued growing. Now when it takes a setback, I try to figure out what's going on and often will sell to wait out the storm. JMHO. The essence of a successful chat-line is that there is a group of very happy people who have done well and the group-hug mentality tends to instill loyalty. But in what? I do get caught up in the euphoria of a 10 to 20% rise in one day and I know what it is like, you want to jump up and down and do cartwheels. This is a powerful narcotic. More often than not, I sold too early or too late, rarely at the right time, so buy and hold is best right? But at other times, I lurked on this board and others I held because I felt that if everyone knew that I've sold 50% or 75% or all my position because I was afraid, they'd eTar and eFeather me for my disloyalty. I have gotten better at it. Now, most times, I only sold too early, rarely at the right time, and almost never too late. I've also learned to buy back into stocks that I have bought and sold because if I did the initial legwork to understand the company, that knowledge carries forward to the next time when I need to buy in. I will let a loss go with some sadness, but will hope to have gains from others. When I have way more losses than gains, I try to stick with cash for a while. I've also learnt to buy puts and calls, but do them for entertainment only. Why do we feel so much loyalty over a stock ticker?

To: Zeev Hed who wrote (11040)	5/15/2000 9:44:00 AM
From: Ausdauer	Respond to of 60323

More UMC News Special thanks to DJ Beino of the Alliance Semiconductor thread... UMC Produces Foundry Industry's First 0.13-Micron ICs *Verifies Its 0.13-Micron Technology With Fully Functional 2MB SRAM Incorporating 0.10-Micron Gate Length Devices and Full Copper Interconnect Technology* Message 13711522 biz.yahoo.com Aus

To: Zeev Hed who wrote (11040)	5/15/2000 10:02:00 PM
From: Ausdauer	Respond to of 60323

Take a second to look at this graphic tonite... ...because by tomorrow it will be updated. finance.yahoo.com We were down 5 points just after the open on with a total of ~170,000 shares trading hands. That is just lunacy. During the rest of the day the volume and the share price gradually recovered. I would love to see us scratch our way back up to $100.00/share in even 100 share lots over the next several days to months. SanDisk has only 66 million shares outstanding and the little investors out there could easily end up owning the vast majority of the float. I predict that SEG has finished preparations for upcoming "greenmail" payments... ...and in the process sold off perhaps the greatest equity holdings they could have ever imagined. Well, I guess only time will tell. REMEMBER THIS POST. Ausdauer.