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


To: Bruno Cipolla who wrote (4647)2/2/1999 3:33:00 AM
From: Bill Zeman  Read Replies (1) | Respond to of 60323
 
Bruno

When the lawsuit might be settled is almost impossible to tell. They could settle tomorrow or drag on another year. Nothing to be buying call options on. Too uncertain. I wouldn't be to anxious to buy calls on any stock that has moved up as rapidly as SNDK. The lowest price you can get on anything now is the March 30 for $2. That's too much IMHO. Wait till they come out with a 35, and buy it for under a dollar with some throw away money. Make sure you buy in March or later. Give SNDK some time to announce some good news. That might be a good play.

Bill Z