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

To: Ausdauer who wrote (4531)	1/26/1999 10:14:00 PM
From: Don Hess	Read Replies (1) \| Respond to of 60323

Aus - I have to say I read your post and found a big lump in my throat. Anyone who has spent more than a casual moment on this thread knows that your words and research and insight eclipse anything that the rest of us have ever posted. To learn on this great, great day for SNDK of what you went through during the year, with guts and determination, gives some perspective to what we all do here. We try and try to learn, to stay ahead, to bank on success and innovation -- but what we all know all along is that we are gambling. We are taking the money of our future, of our nest-egg -- or even our second mortgage -- and hoping to make it grow, based upon intuition and hopefully research and the belief that good ideas are rewarded by the marketplace in due time. It seems, with SanDisk, our time has come. In that you suffered so much during the wait of 1998, I hope the champagne tastes particularly sweet for you tonight. - Don

To: Ausdauer who wrote (4531)	1/26/1999 11:18:00 PM
From: Ron C	Respond to of 60323

This glass is raised to you,Aus. I have enjoyed your thorough and conscientious research since running across this site. Now, I have found others who feel as I do regarding this particular stock (product). It is somewhat consuming,like a fine wine, the more you have the more you want. Thanks and congrats Ron C..

To: Ausdauer who wrote (4531)	1/27/1999 12:09:00 AM
From: jkb	Respond to of 60323

Aus...a hearty congratulations to your efforts...you deserve all the fruits we are starting to see here...and thanks again for your active and insightful contribution to the thread.

To: Ausdauer who wrote (4531)	1/27/1999 1:02:00 AM
From: Rex Dwyer	Read Replies (1) \| Respond to of 60323

A dedication to Ausdauer and a retrospective: Aus's first SNDK post, I think. www3.techstocks.com In retrospect, the lesson to be learned is to give a NASDAQ stock room to move. Buy a position, about 1/8 of your total portfolio, and then only buy more, given that its a long term investment, on about a factor of 50% or 30% in price. (e.g. buy at $24, then again near $12 or $15, then load up for the last time at $7). This all assumes the underlying security has legs and will not file bankruptcy. Think in terms of factors of 2 in general. I see you were thinking of buying at every point drop, $23, $22, $21. I did this in 1990 and got killed. You can see that you run out of dry power too early. Stocks hit book value. Because I lived through it in 1990, I was able to survive this downtrend and even come out smelling like a rose. One of your best "general" posts. www3.techstocks.com Again, hats off to you for sticking with this thing all way the from $24ish to $5ish back to $30ish, without bailing out. You have 90% of what it takes. That took guts. But don't ever mortgage the house on something like this again unless its trading at cash or book value. If you would have bought in a sequence like $24, $15, $7, you would be up much more today, I believe. Think of buying again only after its down more than 30%. The next party is after we break $40... Cheers, Rex ($29)

To: Ausdauer who wrote (4531)	1/27/1999 3:23:00 AM
From: Steve 667	Read Replies (1) \| Respond to of 60323

To all on this thread: but most notably to Ausdauer and Jerome Wittamer (whatever happened to him? I miss him!): Since one of the purposes of this thread is education, I am surprised that just about everyone on this thread has so blatantly missed the obvious. After you read what I have to say go back 2 years and read all the posts and see just how you could have missed it. I have been following and posting on this thread since early 1997, although I changed from my real name to an alias. I have also invested and traded in this stock beginning initially buying at $10 per share. It is interesting and educational to go back to that time and read all the posts as you follow the stock price, the earnings reports, the CEO's comments and the flash memory market. With all the posts, advise, speculation, evaluation, brokers comments, earnings expectations, threats of class action suits, and investor research - ONE PERSON STANDS OUT as calling the shots as to which way the stock was going to go. He has been the most accurate of anyone, even though his comments were sometimes despised by those invested in direct conflict with his forecasting (such as Jerome Wittamer, who was right long term but bailed out too soon). I have read analysis ad-nausium from investors, speculators, gamblers, idiots, wanderers, beginners and seasoned veterans. I have read analysis blaming competition, foreign markets, stock manipulation, brokers, horoscopes, bad luck, etc., etc., etc. But one person has stood out as telling it like it is and how it probably will be. Whether you agreed with him or not he has been "dead on" with his analysis of the company as it stood at that time, and more importantly his predictions of where the company and market were going, and if you had listened to him you would have done well.....very, very well! His name is Ely Harari. Go back..to the past 2 years of posts...then read em and weep! Steve667 Neighbor of the Beast