WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 161.03

+3.5%

Dec 4 3:59 PM EST

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To: The Prophet who wrote (16027)	10/25/2000 12:30:11 PM
From: limtex	Read Replies (2) of 60323

TP- SSTI say they will earn $2.9 01 now $21.00 = P/E nearly 12. SNDK at say 15 x next year say $1.6= say $30. It is now cleat that there is a massive slowdown on the way and the S&P and NAZ P/Es are going to get adjusted to down. Where to ...well maybe 11 to 15 is a reasonable guess before the slowdown really arrives. SNDK was at nearly $90 in August or September, I forget, it is now heading for half that a few short weeks later and with the best quarter it has ever had and with the best forward visibility it has ever had. This is telling us something. One more day of this and we are in the $40s. In the meantime Mr Market takes more and more every day until firstly he takes back all the gains this year and then some. Everyone hangs on in hope but hope has been very expensive this year. Very expensive. Sauve qui peut. Best regards, L

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