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Technology Stocks : WDC/Sandisk Corporation
WDC 172.26-2.2%3:59 PM EST

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To: pompsander who wrote (28035)4/26/2005 4:33:36 PM
From: Road Walker  Read Replies (2) of 60323
 
re: Until NAND and DRAM are somehow separated in the minds of the investing community there seems little hope of Sandisk being granted a "traditional" technology P/E of 22 or 25 times projected earnings.

Another SanDisk ghost is data storage, the hard drive manufacturers and the likes of Iomega. I think the two psychological ghosts of the DRAM and storage markets will keep the stock at low multiples until SanDisk can unequivocally demonstrate sustained earnings growth.

John
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