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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%Nov 12 3:59 PM EST
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To: Zeev Hed who wrote (17676)12/27/2000 4:42:27 PM
From: Art Bechhoefer  Read Replies (1) of 60323
 
"I would not exclude the possibility that my estimate is too high and actually see SNDK sell at a low premium of 50% to book at the nadir of this retrenchment. Many companies are already selling under book."

If you put a reasonable value on SNDK patents, most of which carry NO VALUE on the books, then SNDK is already selling below book value.

Art
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