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

To: Ausdauer who wrote (4293)	1/14/1999 8:21:00 AM
From: Sam	Respond to of 60323

Tom, <<We are going to give back ground here at some point. I am still holding and think that SanDisk still has better days to come.>> For what its worth, I agree. I held all the up to 40, all the way back to 5 (groan), bought a little more at 7ish to reduce my average cost to below 10, and wait. It isn't even in my brain to sell (unlike some of the other semi equipment stocks that I have bought and sold recently), much as I would have liked to have caught a internut wave, or get one like KMAG has been in the past couple of months. I think that their patent portfolio--and Eli's ambitions--give SNDK a shot at becoming a major company, and would like to be there if it happens. If it does, the "dead money" years will be more than made up by some hefty long term capital gains.

To: Ausdauer who wrote (4293)	1/14/1999 9:05:00 AM
From: OrionX	Read Replies (2) \| Respond to of 60323

Ausdauer, I agree that there may be some pull back after a runup, but Sandisk is not your average stock. If you look back at its trend when it made any breakout, it usually went up for 2-3 days before slowing down and pulling back if at all. It really is a werid one to follow. Maybe the small float may in part explain such behaviour. Really a tough one to call. Anyone who believes the earnings are going to be good, will most likely hold. Why sell now if you believe the stock will be going higher? JMO.