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


To: couldawoulda who wrote (25505)4/8/2004 8:46:44 AM
From: Art Bechhoefer  Respond to of 60323
 
couldawoulda--Since I don't pay much attention to the charts, I base my own decisions on earnings prospects and financial condition. These fundamentals have remained strong for years and are often not reflected in the price fluctuations. I agree with you that the shares don't look particularly interesting as a buy at the moment, but for me it's not interesting because I'm already holding considerable amounts and don't want further exposure in this sector.

The reason to buy or sell cannot be the same for every investor, since each investor has individual goals and risk levels.

Art



To: couldawoulda who wrote (25505)4/8/2004 3:57:01 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 60323
 
Regarding a discussion on this thread late last January, I closed out my short position in put options at a slight profit. This was the period when SNDK shares to a pretty large dive from around $35 (split adjusted). Back in January, a lot of people on the thread were sure that SNDK was going down, down, down, with little or no upside potential. What about now?

Art



To: couldawoulda who wrote (25505)4/8/2004 6:22:04 PM
From: couldawoulda  Read Replies (1) | Respond to of 60323
 
So far so good with the prediction - ggg! Black candle today with stochs. and macd do a little reversing. RSI at 6 month highs and in unsustainable territory. This needs some rest in order for it to continue to go up Art. Looks like it will sell off some until earnings day from here.