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

To: Starlight who wrote (19307)	2/24/2001 11:50:00 PM
From: Craig Freeman	Read Replies (2) \| Respond to of 60323

Elizabeth, as it turned out, 2000 was a good year for people who bucked the conventional logic by selling their winners early and holding onto their losers. As President of your investment club, you might want to advise those members who did this last year that the strategy is historically a poor one. BTW, I read a brief comment on SUNW that explains a lot of things. It seems that the big 'Net hardware suppliers aren't competing against each other so much as they are competing with all the used gear that hit the market as .coms bit the dust. It appears that used 'Net gear, workstations, office furnishings, cell phones, and leased vehicles are crashing into the market at bankruptcy auction prices. Little wonder that so many companies missed their projections :-( The key question is whether growth among startups and survivors will be sufficient to absorb the flow of used stuff. If not, the situation could become a black hole where even light does not escape. Craig