SI
SI
discoversearch

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 155.30+0.9%10:55 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Art Bechhoefer who wrote (11191)5/19/2000 11:36:00 AM
From: Greg h2o  Read Replies (1) of 60323
 
either way, it's difficult to catch a falling knife. while i think SNDK is a great company, it's just fallen through my target buying price of $60. i'm waiting to see where it lands so i can pick it up safely (relatively speaking). SNDK is still trading at over 50x '01 earnings estimates, with earnings growth expected over the next year of less than 25%.... could fall further on some of the valuation. also, Seagate has the right to distribute up to 30% of SNDK's sales. to my knowledge, they have yet to exercise that right and if they did such it could have a materially negative affect....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext