WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 166.10

-2.3%

Nov 12 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Ausdauer who wrote (9370)	2/29/2000 8:25:00 AM
From: Tumbleweed	Read Replies (1) of 60323

OT palm vs Sandisk valuation Palm at $100.00 per share equates to a market cap of... $57,000,000,000.00 or about 10 times that of SNDK's $5.75 billion market cap. Is that realistic??? Ausdauer , It all depends what you mean by realistic!!! Is it realistic according to finance? Absolutely not. Is it realistic according to what people will pay. I believe so. Does this make sense? Well, do 95% of internet/high tech valuations make sense? Probably not. Do I care as long as I can sell my 3Com at ridiculously high prices? Absolutely not <g>. I have seen figures put forward of œ300 or even $1000 a share for Palm. If someone is willing to pay me $1500 for my 3Com shares (Palm 1.5) then that sounds like a realistic price to me <g> FWIW I bought 3com stricty for Palm. I will either sell 3com and buy Palm at the same time (why wait 6 months), or if the numbers get too silly, just sell and wait for Palm to drop a bit. Incidentally, for those who might want some more easy money, there will be another chance in 6 months time. When 3Com holders get Palm shares in 6 months, most will (IMHO) sell their 3com within a day or two. So the 3com price will probably plummet extremely low for a few days. Buying on that dip could give you 20% to maybe 50% within a week. *Of course, we could argue that if Palm is worth $100 a share then Sandisk is worth <insert your own huge number here> ! Happy trading on Thursday. Joe

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next