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Technology Stocks : WDC/Sandisk Corporation
WDC 173.75+6.6%10:42 AM EST
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To: Art Bechhoefer who wrote (12356)6/29/2000 7:29:00 AM
From: limtex  Read Replies (2) of 60323
 
Art - We presumably also have to assume that CF and MMC sales prices are going to drop by....50% or more per annum. That is along the lines that Eli has previously said that the company should be aiming for. Not sure about the annual price drop but something like it.

Still should produce better than $1.27 2001 and $1.87 2002. In fact hopefully much better otheriwse what would be the point since a reasonable P/E on $1.27 might be say 50 and thats where we are roughly now.

Palm is big news. I would have thought ...very big news.

Best regards,

L
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