WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 152.72

-0.1%

2:40 PM EST

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To: orkrious who wrote (15229)	10/1/2000 10:44:10 AM
From: Zeev Hed	Read Replies (1) of 60323

Jay, in a major bear market, you are lucky if your stock get valued at one time book value, because I expect SNDK to perform better than many other companies, I am using slightly more than two times what I expect their book value to be by then (between $13 and $14 per share). In the last few years, I believe (from reading other commentators on this thread) that SNDK not only sold under book, but under cash, so, twice book value for a "nax pain" situation is still "generous. Three years ago, I used the same measure on CYMI and I was wrong by a factor of two. Zeev irrevolute.iuma.com

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