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Technology Stocks : WDC/Sandisk Corporation
WDC 274.34+9.6%1:11 PM EST

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To: Boyce Burge who wrote (603)7/11/1997 3:59:00 PM
From: OrionX   of 60323
 
I've been trying to figure out how far this stock can go. Looking at companys in the same category as SNDK, I see that it has one of the highest P/E in the group second only to IOM. Unless earnings increase significantly, can anyone explain to me how SNDK can reach any higher without stronger fundamentals. I know they have a stong position in their marketplace with great technology, but the higher stock price needs more than that ie bigger earnings which I don't see right now? Looking at other companys that have or have had great technology, have and have had fantastic earnings, they are not trading at this high a P/E. Just curious.

Best Regards.
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