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Technology Stocks : WDC/Sandisk Corporation
WDC 200.46+6.8%Jan 9 9:30 AM EST

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To: avanti77 who wrote (10968)5/11/2000 8:12:00 AM
From: Tumbleweed  Read Replies (1) of 60323
 
Elizabeth, I wonder if you or any threadmates could confirm, if in fact the p/e of 20 on SNDK is accurate. This is what it shows on askresearch, as
well as yahoo. If this is so, than SNDK at these prices is a great long term opportunity.


That PE includes the one time gain from UMC, so it isnt real in the sense of ongoing annual earnings. Its a bit like winning the lottery and saying that because you had an income of $3M last year, thats what you'll earn next. I have learnt that Yahoo finance info isnt always as reliable as you might think due to mistakes of this sort.

Joe
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