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


To: Ausdauer who wrote (2961)5/11/1998 5:27:00 PM
From: Jerome Wittamer  Read Replies (2) | Respond to of 60323
 
To all, although I still do not expect any bounce soon I must say I am amazed by the drop today and never expected we would be back below 20. BUT, I recognize that the Nasdaq stock I monitor were also hammered today. It thus followed the tide.

I am an aggressive, yes aggressive, buyer at these prices. I urge anybody here to stay calm and keep a long term approach to holding this stock.

You guys have a winner, a big winner in your hands. Frustration always tend to occur short term, what's a year in 5 years? Just 20%!

If you just don't feel the strength to continue bail out but please avoid making disappointed comments on the thread in a few months from now.

My strategy has until now been to wait on the sidelines and put my money in more lively stocks. It is changing. Though the wisdom says : never buy a falling knife. In my experience, here Sndk does not yet ressemble a falling knife.

I would not necessarily buy tomorrow. Why not since the stock is so low? Well it could go lower! Just wait for the early action and see whether there's some support.

Bye,

Jerome