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

To: Ausdauer who wrote (11733)	6/2/2000 9:12:00 AM
From: orkrious	Respond to of 60323

Personally I was whining because I have friends & family that I recommended this stock to at a much higher price than where we have been lately. I hope they bought more. I know I did. <G> Jay

To: Ausdauer who wrote (11733)	6/2/2000 9:21:00 AM
From: Steve 667	Read Replies (1) \| Respond to of 60323

" Steve, Is the type of volatility we have witnessed good for the stock long-term? It is good for profits." You bet your bippy! Good for my profits! "Does a $130 point drop in two months instill investor confidence? " Your missing the point, Aus. When stock is dropping and you want to buy more, you don't care about investor confidence. You want the stock to go LOWER. After you have bought more at great low price, THEN, you want to instill investor confidence, so people will buy more and drive the price up, increasing your net worth. " Personally I was whining because I have friends & family that I recommended this stock to at a much higher price than where we have been lately. The precipitous fall from the $115-$120 range to $70 in short order seemed to be overdone. When the general market tanked, we tanked by an order of magnitude more." Not so! If you didn't sell you haven't lost anything, except a little ego and kicking yourself because you could have bought lower, but who knew. You don't loose until you sell!!!!!! Never. If you really have a "BUY AND HOLD" strategy, and you are confident in the company and I know you and I both are, the drop should NOT bother you. All it means is you didn't buy at the low. Volatility is a beautiful thing. Embrace it! Use it to your advantage! Steve 667 *Sandisk.....We could have been millionaires"*

To: Ausdauer who wrote (11733)	6/2/2000 10:55:00 AM
From: Starlight	Read Replies (2) \| Respond to of 60323

Ausdauer - The recent sell-off in SNDK can probably be attributed to several things - none of which really pertain to the fundamentals of the company: 1. SEG selling 2. Investors selling to meet margin calls 3. Weakness in the tech sector affecting all tech stocks 4. Lack of investor confidence in the market in general (fear instead of greed, which we saw earlier in the year) 5. Rising interest rates which make fixed income investments seem more appealing I don't think there is anything basically "wrong" with the stock. Betty