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


To: anon.10 who wrote (25082)2/23/2004 1:54:19 PM
From: KeepItSimple  Read Replies (1) | Respond to of 60323
 
I think Art is displaying classic signs of delusion.

Seriously, Art, did you learn absolutely nothing during the dot.com boom and bust? You mentioned you've been investing for 50 years- that means you are quite old enough to be going senile.

Look, this stock is just going to keep going down and down, and you're gonna try to raise your stakes by buying more, and it'll keep going down, etc.

When exactly will you give up and admit that a GOOD COMPANY can sometimes have a wildly insanely overpriced stock that must come down to earth?



To: anon.10 who wrote (25082)2/23/2004 2:24:13 PM
From: Steve 667  Read Replies (2) | Respond to of 60323
 
For a while, SNDK going to follow the NASDAQ as follows. If the NASDAQ goes up, SNDK will go up half of what the NASDAQ goes up, percentage wise. NASDAQ up 3%, then SNDK will go up 1.5%.

If the NASDAQ goes down, SNDK will go down twice what the NASDAQ goes down percentage wise. NASDAQ down 3% then SNDK goes down 6%.

Same with LEXAR. With NASDAQ going in the toilet for a while, doesn't look like the stock is going to be good short term investment.

The companies will do fine.

That's my 2 cents. What does everybody else think?

Steve