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Technology Stocks : WDC/Sandisk Corporation
WDC 187.70+9.0%Jan 2 9:30 AM EST

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To: Bobby who wrote (900)10/15/1997 4:33:00 PM
From: Sam   of 60323
 
Yahoo shows the last trade at 4:01, but shows bid/ask of 0/0. Probably means that it isn't available for after hours trading.

My sense is that it isn't something negative, although that could certainly be wrong. However, this stock has quadrupled since April. Don't you think that there is some air in here? It surely wouldn't be surprising to see a drop back into 20s. Even though a healthy stream of royalties will be flowing in, it still trades at a huge PE.

We'll find out soon enough. Perhaps there is a takeover in the works that is about to be announced? Just speculating.
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