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Technology Stocks : WDC/Sandisk Corporation
WDC 152.88-5.9%3:59 PM EST

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To: Jim Lurgio who wrote (1304)11/5/1997 10:39:00 AM
From: OrionX  Read Replies (2) of 60323
 
FWIW, I'll throw in my two cents.

With the kind of future prospects the market sees for Sandisk and its products, I don't see why we couldn't get the stock back up to the mid 30's today and above 40 by the end of the year with a respectable P/E. If we want to go ballistic like other overpriced stocks such as Citrix and Yahoo, then I don't see why we couldn't get $60/sh (or more) by the end of 1997. Yes, maybe I'm dreaming, but then the market reacts irrationally ie. last earnings stock depression for example.

Good luck to all!
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