WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 223.72

+0.7%

9:54 AM EST

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To: Dave who wrote (26241)	6/28/2004 10:57:34 AM
From: Art Bechhoefer	Read Replies (1) of 60323

If SNDK missed earnings estimates by a penny, I sure would be happy, because that would mean a healthy increase over the last period. So if there are no "material" differences between the earlier guidance and actual results, please explain why a fast growing stock is selling at 14 times forward looking earnings, when, as you note, the S&P 500 is growing slower and is still at 18 times forward looking earnings. Art

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