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


To: TREND1 who wrote (13006)7/18/2000 10:06:15 AM
From: scots40  Read Replies (1) | Respond to of 60323
 
Larry, I do not think you were 100% wrong. The SEG selling certainly hurt SNDK stock. The fact that the selling started during a tech tumble magnified the SNDK drop IMO.

Investors ran for the hills, but you know what? I do not care one bit! I refuse to "trade" stocks. I was taught to buy companies that have great long-term prospects and hold them "forever". This is experience I got from my family. They taught me that it takes a lifetime to learn this discipline. I decided to catch on to this method when I was in my 20's and it has worked for me.

Sure it would have been nice to sell at the highs and buy on the lows, but I know that I am not near smart enough to do that! I would probably miss out on a lot of upside movements along the way. You just never know when some great news will move a stock.

Call me old fashioned! Im proud of that!

All the best,
Scot