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 200.46

+6.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sam who wrote (52074)	1/26/2012 11:01:21 AM
From: Art Bechhoefer	Read Replies (2) of 60323

Sam, I got the same impression as you regarding the financial report and the cc discussion. However, there is one interesting thing in the financial statement that seems to have been overlooked: Book value per share has now increased to almost $29. Cash and marketable securities now are more than $24 per share. So one way you can look at this is that cash represents half the market value of the stock, currently trading just below $48, and about 80% of shareholder equity. The ratio of cash and marketable securities to market price is more than twice the cash/market value of Apple. Is Apple overpriced? Is SanDisk underpriced? Or is SanDisk ripe for takeover? Art

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next