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Technology Stocks : WDC/Sandisk Corporation

WDC 166.30

-4.7%

Dec 17 3:59 PM EST

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To: Craig Freeman who wrote (3371)	6/23/1998 3:01:00 PM
From: Craig Freeman	Read Replies (2) of 60323

All, Merrill Lynch reduces earnings estimates: "Analyst Thomas Kurlak cut his fiscal 1998 view to 57 cents from 90 cents and lowered his 1999 estimate to $1.05 from $1.17." cbs.marketwatch.com $1.05 in 1999 is good news. The S&P 500 trades at 21x 1999 estimates. If SNDK was doing as well we would be at $22 a share. Craig

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