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Technology Stocks : WDC/Sandisk Corporation
WDC 153.96+0.7%Nov 19 3:59 PM EST

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To: Ausdauer who wrote (11559)5/27/2000 1:16:00 PM
From: KevRupert  Read Replies (3) of 60323
 
Value Line:

Value Line has SanDisk rated as a "1" for timeliness. A possible explanation for the late day upswing in SanDisk's price could be based on yesterday's Value Line. I received it in the late afternoon, and Value Line had a feature article on "SanDisk".

On page 4893 (not the 3-month write-up, but rather an article in the "Investment Survey" section - "Sandisk" was featured.

The article was titled "Selection for Growth: SANDISK CORP (SNDK-66)". The article was very favorable to the company's prospects. A couple of sentences from the 1-page article include the following:


"With demand for flash memory expected to far outstrip
supply for some time, we believe the company is well
positioned for future growth. The equity holds wide
capital appreciation potential to 2003-2005, albeit
with above-average risk (Safety rank:4)."

"SanDisk stock is too volatile for most investors.
Still, we believe that the current share price is a
good entry point for aggressive, risk-tolerant
accounts."

The article based its comments on the price @ $66. Estimates for eps are:

1. 2000 $ .85
2. 2001 $1.30


The article probably gave some boost to the stock at the end of the day yesterday. The stock seemed to move from the $46-$47 range to the $49 range quite suddenly. Good luck to all.

Advalorem
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