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

To: Starlight who wrote (12524)	7/5/2000 11:38:43 AM
From: BuzzVA	Respond to of 60323

When the "official" downgrade is announced "publically" it is already too late. If the downgraded industry is really in bad shape, then I'd say that it's best to step aside and let the bloodletting run its course. However, in a dynamic industry as SNDK and SSTI are in, I personally believe these downgrades are simply an "old-school" way of getting the privileged clients of SSB (and the like) in at better prices of companies like SNDK and SSTI. I really believe it and play it accordingly, which means buying when they "say" they think one should sell. The only question then becomes one of timing your move(s). SNDK in the $50s and maybe the $40s?! Never thought I would get another chance to establish another position at these levels. <VBG> All IMO, of course.