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Technology Stocks : WDC/Sandisk Corporation
WDC 199.91-8.9%3:59 PM EST

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To: Ausdauer who wrote (13252)7/22/2000 10:59:33 PM
From: KevRupert   of 60323
 
Positive Review:

The 7/21/2000 issue of Value Line continues its positive review of SanDisk. A couple of lines from the quarterly review,

"Increasing demand for flash memory continues to augur well for SanDisk...New Hardware products offer more opportunity for the use of removable storage...Accordingly, SNDK offers superior appreciation potential, as we expect earnings to increase 40% to 45% during each of the coming 3 to 5 years...represent a good entry point for risk-tolerant investors...".

SNDK has an excellent balance sheet ($0 debt), along with $460 million in cash.

I hope everyone is having a great weekend! ad
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