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


To: David W. Tucker who wrote (4515)1/26/1999 4:05:00 PM
From: Craig Freeman  Respond to of 60323
 
Ausdauer, re: "Congrats to all". Ditto!

Craig



To: David W. Tucker who wrote (4515)1/26/1999 4:10:00 PM
From: OrionX  Read Replies (1) | Respond to of 60323
 
Do you all really believe the stock is worth and can support today's price after reduced earnings vis-a-vis the last 12-18 months? I too have been following this stock for a while. When it got to $40 it was way ahead of itself and that's when earnings were much better like 0.80/year. Today, we're looking at about half of that and yet the price miraculously resurrects to the secondary offering? Is this pure coincidence or something else? I don't know but I've learned my lesson from before so I took my profits. The stock may rise further, but I don't feel comfortable enough to hold.

Good luck to all.



To: David W. Tucker who wrote (4515)1/26/1999 4:26:00 PM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
David,

We discussed covered calls about a week and a half ago and felt that it was an inopportune time to sell them. Please help me out here with options trading at this juncture. I prefer to hold my shares, but if we can amplify our gains with puts and calls I may be tempted to get my feet wet.

Peter Lynch made all his money without ever trading options. His best investments came to fruition during the second or third year he held them. I have these sort of sentiments as they relate to SanDisk.

Ausdauer