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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 233.95+0.3%Dec 1 3:59 PM EST

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To: Sarmad Y. Hermiz who wrote (122350)4/1/2001 5:45:35 PM
From: GST  Read Replies (2) of 164684
 
"Do you still have Sandisk ? Barrons had an article giving the impression it is a good value." It is trading at 30 times next years earnings. Assuming no further reduction in earnings for next year -- a very big leap of faith in this environment -- SNDK is trading at 30 times next year's earnings? Cheap? It would be cheap at 10 times next years earnings. That would make it a buy at $8.
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