WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 181.08

+3.5%

Dec 19 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Dave who wrote (26304)	7/4/2004 4:54:30 PM
From: Art Bechhoefer	Read Replies (1) of 60323

Dave, if I recall correctly, the secondary offering actually dropped the book value PER SHARE slightly. I use book value per share as a measure because it tracks changes in shareholder wealth, which to my mind is a better way to understand the value of this type of investment to the individual shareholder. In a fast growing business, a company that pays no dividends and plows all its earnings back into research and the building of new plants can not benefit its shareholders unless it can show it is building shareholder wealth. At some point, the intrinsic value of the company, as evidenced by its growth in book value per share and earnings per share, will be reflected in the market price for the stock. Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next