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Technology Stocks : WDC/Sandisk Corporation
WDC 139.09-0.8%Nov 21 9:30 AM EST

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To: Art Bechhoefer who wrote (39103)3/25/2008 12:27:29 PM
From: im a survivor  Read Replies (1) of 60323
 
This company has an enormous amount of cash.

IMO, whenever markets get out of the doldrums SNDK will be just fine and I suspect will see old highs or higher.

I will be looking to add under $20 and I suspect all the analysts/MF's and etc... that are down on sndk right now will be quietly accumulating and after accumulation will then issue their upgrades.

SNDK is very well positioned IMO and although many are upset at the fall from the $70's to $20, many may be more upset a year or 3 from now that they did not buy/add sndk in the $10 - $20 range. The cash alone on the books values SNDK at about $7 - $8 a share. And they certainly have more then just cash when looking at valuation. However, take away everything sndk has except cash and they are still worth $7 - $8 a share. Not bad IMO.

All IMOOC.
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