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Technology Stocks : WDC/Sandisk Corporation
WDC 160.07-3.6%12:31 PM EST

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To: Bhag Karamchandani who started this subject7/16/2002 1:13:08 PM
From: Andre Williamson  Read Replies (1) of 60323
 
On Friday an ON24 story blasted $1 stocks with cash and no business model, and recommended LEXR as a low-priced stock with a decent business model and good prospects.

LEXR is now up to $5/share ($300m market cap). Isn't this shorting territory? A second-tier player in a fiercely competitive market, selling at 4x sales? I guess we'll see how things are with their report this week.

Andre
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