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

To: Ausdauer who wrote (11438)	5/24/2000 9:23:00 AM
From: Greg h2o	Read Replies (1) \| Respond to of 60323

let me first state, i am now long SNDK. having said that, i think it borders on ridiculous to treat any investment as a crusade. there are no flags or banners to fly. there's your money. that's it. the emotions on this thread are wildly overdone in both directions. also, if someone wants to state their daily price targets on the thread (based on what i might believe to be ridiculous tea leaf reading), who cares? it's just another opinion. don's response was in line with my thoughts, but as Aus stated, the personal attacks are unwarranted. personally, i'm going to refrain from making any more comments on the thread, as it's probably already cluttered enough. that way, those few individuals can "have their thread back". they can remain in harmony and not worry about conflicting views. if i find anything purely informational, which is congruent to those views, i'll post it. greg

To: Ausdauer who wrote (11438)	5/24/2000 1:35:00 PM
From: Road Walker	Read Replies (1) \| Respond to of 60323

Ausdauer, Today I find this The Thread to have taken on a whole different tone. We have lost sight of SanDisk's greatness. Fear abounds. I have come to the realization that I am weary from carrying the SanDisk flag. I think you have to realize that folks have become a little edgy in this market, and may lose their normal level of tolerance very quickly. I've noticed the same on many threads. And they also have a tendency to look more towards TA, just as people look to religion when there is a natural disaster or a personal crisis. Human nature, folks are seeing their life savings shrink. I for one hope you continue to lead the thread. As a recent SNDK investor, I appreciate your knowledge of the company and your ability to explain a complex product. Thanks, John

To: Ausdauer who wrote (11438)	5/24/2000 1:49:00 PM
From: clean86	Read Replies (2) \| Respond to of 60323

Aus, It seems to me that the attitude on this thread has deteriorated as the market has fallen apart. From reading every post for over the last 3 years I have seen this pattern before. When the stock fell to 5 in Oct 98 many were asking the same question. Why? Why? Why? I still believe in SanDisk and maybe I'll loose money by investing in this company. It seems to me that SanDisk fundamentals haven't changed. What seems to have changed is the attitude toward valuations and "irrational exuberance". The object of the Fed rate hikes was to pull the economy under control and with the crash in April several small investors lost there rear ends on margin calls. Several of those investors and many I know who were seriously hurt by the chain of events that have happened over the last month refuse to reenter the market until things look better. As in 98 when the stock hit 5 and the prospects still looked the same for SanDisk I stayed the course. Maybe my "irrational exuberance" got the best of me but I have made a small fortune on this company and will stay the course. I added to my position this morning at 43 maybe to high a price to pay but I think not. I understand the frustration level that comes when I watch my hard earned investment funds shrink while the market tanks. If however the fundamentals of a particular company don't change the stock price should rebound. I know that several posters on this thread have millions tied up in SanDisk. Call me a fool but I believe in this company and see the current price as a huge buying opportunity. To those in pain from the devaluation please take a deep breath and relax. We are all in the same sand box so lets try to be civil. I for one look forward to the day when we are all laughing and having Sushi again. Until those days return and I believe they will return lets try to relax. My grandfather reminded me recently that if you can't stand the heat move to a more temperate climate. Betty said it perfectly when she said the goal is to accumulate money not stock. I have found that good companies stock turns into money over the long run, you just have to pick good companies and know when to throw in the towel. Good luck to all SanDisk Investors long or short. Clean

To: Ausdauer who wrote (11438)	5/24/2000 3:45:00 PM
From: SBHX	Read Replies (1) \| Respond to of 60323

I am sorry Ausdauer. I apologize to all on the thread. It is perhaps my frustration from seeing most trades not go my way for a while. As I implied, when they all go down, even those defensive tricks do not work, only one that works seems to be hold cash. In the end, we all do what works best for us. Since you want to share experience with SNDK. I'll describe mine. I actually came across SNDK in a roundabout way. I bought one of the early digital cameras, a cheap awful panasonic camera that uses CMOS instead of CCD. It fits in my pocket, and takes a 2MB CF cartridge. What made me interested was the PCMCIA adapter that allowed my notebook to see the CF as just another drive. But the 640x480 camera was awful and I soon lost interest. Next, Canon came out with a 640x480 true CCD camera (Powershot 350) and I was hooked, I bought a 30MB Sandisk CF, and that's when I started looking at SNDK. When I went back to my panasonic CF, I actually saw the (C) Sandisk at the back. I started looking up the patents assinged to Sandisk and was surprised at what they owned in terms of IP. But I was surprised at how CLEAR the 640x480 images from the Canon P350 was. That was when I first accumulated SNDK. Of course, later on, I bought other cameras, the Nikon 950 was the best one that I still am using now. I got a Casio E100 which I upgraded to a E105, (takes CF!) I also bought 2x96MB CF cartridges one of which is usually in the Casio. I've already decided to hold off on the Fuji S1pro/Nikon 990 upgrade --- that's inflationary spending and might upset Greenspan. I believed in SNDK even back then because it was a compelling product, digital photography and PDAs were going to take over the world. I think at these prices, they are a good bargain, but after my $50 entry, I don't know what my next step is. Every painful lesson I learnt as a novice investor says do not average down, do I break this rule? I've already broken a second one : sell when losses exceed 10%, but that's been happening a lot lately, what harm can bending the rule once do? Throughout all that, I lurked on this thread. This is one of the best and most civil threads around.

To: Ausdauer who wrote (11438)	5/24/2000 6:43:00 PM
From: Daniel Joo	Respond to of 60323

"SanDisk is 10 times the company it was last Summer" That's absolutely true from someone who has been kicking himself for selling too early last year. I can't believe that SNDK is trading at these levels - I've once again jumped into SNDK and am accumulating with any dips at these levels. Ausdauer, you facilitate the best stock thread on SI. I've had you bookmarked since I joined SI and have learned from you ever since. It's thanks to your efforts these past years that people like me have been kept abreast of all the latest developments with SNDK, its competitors and the industry. How people ignored the latest developments with QCOM among other developments is beyond me. I hope that you continue to facilitate discussions here and ignore the people who resort to immature behavior. I've PMed you in the past about potential stock investments, and you took the time to get back to me with your valuable insights. There aren't many of you good people around any more - hope you stick with it. Dan

To: Ausdauer who wrote (11438)	5/24/2000 9:11:00 PM
From: orkrious	Read Replies (1) \| Respond to of 60323

I also added today. I traded a financial stock out of my IRA for some more SNDK. Against all rules, SNDK is now 40% of my IRA. Considering that today's purchase was the cheapest price I've paid, I will sleep like a baby tonight. The selloff has been grossly overdone. The comeback today was impressive. These prices will never be seen again. Jay