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Technology Stocks : WDC/Sandisk Corporation
WDC 181.95+7.3%Dec 10 3:59 PM EST

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To: Ausdauer who wrote (18325)1/18/2001 9:54:29 PM
From: puborectalis  Read Replies (1) of 60323
 
Recent comment.........
SanDisk Acquisition Target Rumors (SNDK, TQNT)

Click Here for More Info

SNDK

It is rumored that the company would receive a $53/share bid from
TQNT

First Union commented that they did not see a good fit between
the companies and the acquisition seems too expensive for TQNT

The run-up in shares is probably due to a change in investor
sentiment

Currently, the supply of flash memory is not meeting demand

The stock is trading at a 52-week low and is selling at a P/E of 7x
earnings
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