Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ausdauer who wrote (4566)	1/28/1999 9:13:00 AM
From: rll	Read Replies (1) \| Respond to of 60323

Craig and Ausdauer, I would like to thank both of you for sharing very important investing and trading principles with this thread. Most of us probably have been through both scenario's, holding too long and selling too soon (or will sometime). It's always a tough call and personally, I'm much quicker to sell than I have been in the past. Those smaller profits do add up. Good luck to all, rll (29 1/8)

To: Ausdauer who wrote (4566)	1/28/1999 8:12:00 PM
From: Craig Freeman	Read Replies (1) \| Respond to of 60323

Ausdauer, SNDK has a "buy" recommendation from several analysts. But I don't recall a single one suggesting that we risk bankruptcy to own this stock. Prudent investing requires that one build a balanced, diversified portfolio before allocating a minor portion to "risk capital". In this way, you have a reasonable probability of increasing your overall rate of return without incurring substantial losses. On the other hand, undiversified, leveraged investing in volatile issues is more akin to betting on the lottery than investing. A few people will become very rich this way but the vast majority will lose all. If the definition of "paranoia" is prudence, then I suppose I'm paranoid. And maybe just a tad schizphrenic too. Because despite my knowing the rules all too well, it's nice to see someone break them and get away with it. It couldn't have happened to a nicer guy. Craig reply to " ... I almost detect a bit of paranoia in the post ..."