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Technology Stocks : WDC/Sandisk Corporation
WDC 181.18+3.5%Dec 19 3:59 PM EST

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To: Jerome Wittamer who wrote (3286)6/18/1998 9:34:00 PM
From: Rex Dwyer  Read Replies (2) of 60323
 
Fundamentals... Here are some numbers to think about for tomorrow's blood bath..

Book Value: $7.03
Cash per Share $4.53

When all hell breaks loose, remember these numbers. Any price from $4 to $7 is a great buy fundamentally, even if SNDK starts to lose money.

Something else to remember is that due to the pre-announcement activity, there are probably a lot of short sellers out there who may cover after the stock opens. So, an opening price is sure to be low and will rise before mid morning.

Any guesses as to where this thing will trade? I'm thinking it'll settle at $10 to $12... Mainly because of the visibility statement. Ouch....

I will not be quick to buy more, gotta be prepared in case this thing hits $7.

Rex
$16 1/8
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