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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST

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To: JMD who wrote (16182)10/28/2000 12:56:29 PM
From: Zeev Hed  Read Replies (1) of 60323
 
Mike, apologies for my "dislexia", yes I meant "Days sales outstanding". (receivable $131 MM product revenues $151 MM, or 80 DSO). Typically, a business like this should be run at DSO of under 58 days. Of course, it is quite possible that since SNDK is awash with cash, management does not pay crucial attention to cash management and reduction of working capital. If that is the case, it is still a "red flag". It is tough to believe however, since they are doing a relatively good job in managing their inventories .

Zeev
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