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Technology Stocks : WDC/Sandisk Corporation
WDC 279.69+10.7%Jan 28 3:59 PM EST

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To: Kevin F. Spalding who wrote (218)12/10/1996 7:56:00 PM
From: stanley r phelps   of 60323
 
you're right...re it ain't sales alone; yet SNDK is in the black,and is holding onto 14% net to sales;this may decrease sa tad, but sales will take off.....at earning 70 cents a share 6 months out, the stock is selling at 20 times earnings!!!...this certainly is not an expensive stock...considereing its growth potential....20X earns for acompany with a potential of grownoing at plus 30% a year is very veryu resasonable...in relation to its earning...
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