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

To: Rex Dwyer who wrote (4530)	1/26/1999 9:10:00 PM
From: Ausdauer	Read Replies (5) \| Respond to of 60323

Rex, I kind of like this old post at the bottom of the page. To preface, I have to tell you that 1998 was a hellish year for me due to the depths that we hit. It was like pure and unrelenting torture as we dropped progressively from March through October with no hope in sight. I thought many times about selling all or part of my position last year at a hefty loss, but the support of those on the thread and sage advice from those with years of investing experience prevented me from giving up faith in SNDK. I concealed my position hidden from my wife for fear of her reaction and even borrowed money (secured with a second mortgage) to buy shares in the mid-teens (in a feeble attempt to average down) BEFORE we dropped to single digits. That is really a frightening thought in retrospect. I realize now how desperately I wanted the stock to recover. I can attest that investing with FEAR as a motivation is a very depressing and emotionally consuming practice indeed. Here is the post... To: Jerome Wittamer (2962 ) From: Ausdauer Monday, May 11 1998 7:31PM ET Reply # of 4530 Sandisk is not a falling knife, just a skewer being slowly plunged into its shareholders. Nonetheless, I remain cautiously optimistic. With trades of upto 250,000 shares daily I think there are a lot of people just getting in and out again. If instituional support had collapsed we would be closer to $10.00 a share. If the MMC news is greeted with a warm reception (it was actually originally announced a few weeks ago) and if SNDK will command licensing fees comparable or better than those from CompactFlash we will be in good shape. I agree with Jerome. Only those with longterm goals will be able to stomach the ups and downs of this issue. In a few months we will either look like geniuses or complete fools. Rather than gloating I would like to say... GOOD LUCK TO SANDISK LONGS!!! FINALLY WE CAN INVEST WITH CONFIDENCE!!! Ausdauer (29) P.S. Still waiting for SNDK to collect licensing fees on CompactFlash.