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


To: Ausdauer who wrote (4998)3/9/1999 12:22:00 PM
From: OrionX  Respond to of 60323
 
Aus,

I never short a stock, but I do buy put options as they're much less risk. Waiting for the right time on this.
As long as I have been following this company, I have had to accept the need to play the stock rather than just hold it indefinitely. It's just too hard to hold a stock that may be going down(and I've had many of those) or which has risen beyond my expectations for no real discernable reason, ASFIC, as we have here with Sandisk. Also, I just looked at the options and noticed that today's movement may have been a planned attempt to open higher strike prices, which has happened. Is this a repeat of the last time Sandisk went to $40, ahead of itself, and then dropped like lead in water? Who knows. One more thing I've seen in the last few weeks, ever since it started its ascend from $15, was that very little volume as used to drive up the stock but at several points a much larger volume of shares were sold off at market just enough not to drop the price by much. Sure looks fishy to me or I'm just seeing things.




To: Ausdauer who wrote (4998)3/9/1999 12:24:00 PM
From: Artslaw  Read Replies (1) | Respond to of 60323
 
I don't know the specs for the microdrives, but I have a hard time believing they use less power and are more robust than flash, qualities I like in a mobile consumer product.

SNDK falling fast. Only +2 3/8 @ 35 1/8.

Steve