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Technology Stocks : WDC/Sandisk Corporation
WDC 187.68+9.0%3:59 PM EST

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To: im a survivor who wrote (19114)2/13/2001 1:54:13 PM
From: Wallace Rivers  Read Replies (1) of 60323
 
One probable reason, as I posted earlier, is the reduction in earnings estimates for '01. Both Value Line and the screen for earnings on Yahoo estimate that earnings will decline in '01 compared to '00. The PE is close to 20, not 6, based on operating earnings, as I understand it, as well.
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