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


To: Ausdauer who wrote (15578)10/13/2000 9:33:37 PM
From: Craig Freeman  Read Replies (1) | Respond to of 60323
 
To all, happy Friday The 13th!

Anyone who took my advice and bought SNDK on Monday likely did better than buying the average share in any index on that day. If you invested cash, my apologies (I don't pretend to time the "market" and it moved down ... BIGTIME.) But if you sold something on the NASD to buy SNDK, you are probably glad you did.

For the SOX to do this well during a "Friday The 13th" -- in October -- is -- inspiring. SNDK has held up very well during the past week's "SOX kill-a-thon" -- so much so that I sold a few SNDK shares today as they peaked and then reinvested them to eek out a few extra bucks (TSM, SSTI, etc.)

IMHO, SNDK is one GREAT stock for the long hold ... but there are so many bargains out there that investing in the SOX feels like being the only male heterosexual in a "home economics" night class.

If you own SNDK then you also own UUMC (SNDK owns about 1% of UUMC). As good as SNDK and UUMC look on paper, IMHO, look at TSM and SSTI.

If I am wrong, use your profits to buy a smaller yacht and kindly accept my apologies.

Craig