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Technology Stocks : WDC/Sandisk Corporation
WDC 159.06+2.3%10:45 AM EST

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To: Robert Stewart who wrote (285)12/23/1996 4:48:00 PM
From: Marc Phelan   of 60323
 
Marlin,

>>I have just checked with the company to confirm that the earnings expectations range has not changed(.16-.18) and that they are still very optimistic on the high side. Can someone tell me what multiple is generally accepted within this industry in projecting share value?

Can you tell me who you spoke with at the company?
Did they give you an earnings release date?

As far as a multiple..... If the market see the company as a "growth company" in the tech area, a stock commands somewhere between 25 and 20 on the PE from my experience.

Good luck,

Marc
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