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

To: Grashopper who wrote (17600)	12/24/2000 10:03:59 AM
From: limtex	Respond to of 60323

Grasshopper - No stock is forever! Add that to the following bits of wisdom:- 1. The market hates uncertainty. 2. The market is goning to test the lows. 3. This is a correction. My view:- 1. Markets depend for their existence on uncertainty. 2. Markets don't 'test' anything. 3. I don't view the greatest market crash in history as a 'correction'. I view market drops as 'mistakes' in the sense that going up is 'corrrect' and going down is a 'mistake'. So far as SNDK asnd forever goes it is my view that SNDK has almost only just got off the ground. The number of markets it addresses is increasing and each is growing and growing fast. I think another two years and we will not be able to recognize SNDK whose revenues are not even $1bn pa this year. There is the 'Law of Big Numbers' that might, I repeat might apply to CSCO, MSFT, INTC atc. Even if that law is true and it might not be during this time of fundamentally changing technology then it certainly doesn't apply to SNDK at its current size. Best regards, L

To: Grashopper who wrote (17600)	12/24/2000 11:56:09 AM
From: Ausdauer	Read Replies (4) \| Respond to of 60323

Grasshopper... ps if i had a random thought it would be that no stock is forever One of the first chapters in one of Peter Lynch's investment books talks about tulips and how tulip bulbs suddenly became an unbelievably hot commodity around the world despite their abundancy. Well, that was true for many tech stocks in February and March of this year. You can't imagine how painful it is at this moment to have held SanDisk through its incredible rise. In retrospect, it was bulb selling season. But I had made a promise to myself to hold SNDK through a few more splits and to wait for annual sales to grow several multiples of last year's record $250 million in total revenues. I'll know better next time and remain confident there will be another chance to peddle bulbs. Best, Aus