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Technology Stocks : WDC/Sandisk Corporation
WDC 176.34-5.8%Dec 12 9:30 AM EST

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To: couldawoulda who wrote (25486)4/5/2004 4:43:02 PM
From: Art Bechhoefer  Read Replies (2) of 60323
 
>>Looking at $28.00 as a re-entry pt.<< I wouldn't hold my breath, unless there is some kind of international catastrophe. When you look at the positive cash flow, the low debt level, the growth rate in operating earnings, and the relationship between current price and book value, and THEN compare those numbers to more typical tech stocks, it's the other stocks that look overpriced.

Nevertheless, I'd be interested in your helping us understand WHY you think a drop to $28 is possible.

Art
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