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


To: Jerome Wittamer who wrote (2265)12/31/1997 11:45:00 AM
From: OrionX  Read Replies (1) | Respond to of 60323
 
Jerome,

I agree with you that it takes guts and balls of steel to buy on the downside. As we know, the greater the risk the greater the reward or pain. Let us look ahead to better times for this stock. If as the ceo has said that he is more focused on building a company with substance and strong fundamentals rather than playing the market by keeping the price high with BS (and we know some companies that have done this), then we will all reap the rewards with time. Patience is such an expensive virtue, don't you think?

Best regards,

Mauro.



To: Jerome Wittamer who wrote (2265)12/31/1997 2:03:00 PM
From: limtex  Respond to of 60323
 
NASDAQ vol v. light. Aspen effect still on full till Monday 5th when most people back. I still think some bears got hold of the stock earlier this week or a fund decided to improve its performance by selling ..seeing weekness doing it a bit more ....seeing a drop and then buying back.

I don't know how ling the stock was below $16 but it didn't look like it was very long. I wonder how many trades were done below $16. As I say all of this if it is accurate was possible because most players were on holiday.

On the other hand today is low vol and so probably will be Friday. It is becoming clear that digi cameras are big and going to get bigger and MMC is coming up......anything under $20 in my view will prove worth doing.