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

To: orkrious who wrote (11353)	5/22/2000 5:49:00 PM
From: Art Bechhoefer	Read Replies (5) \| Respond to of 60323

I appreciate the TA comments on where the price is likely to go, but SNDK price changes over the past three years strongly suggest that no theory can do a very good job of explaining these fluctuations. Most individual investors will probably do a lot better by just buying and holding, accumulating when there appears to be an unusual opportunity, such as now. The data on growth in overall demand for the various products that SNDK makes or receives royalties on, combined with its ownership of key patents, combined with a proven track record in skilled management explains better why the stock is an exceptional long term investment. I doubt very seriously whether anyone is capable of calling the ups and downs well enough to make MORE money over the long term than if the stock were simply bought and held. Art