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Technology Stocks : WDC/Sandisk Corporation
WDC 181.08+3.5%Dec 19 9:30 AM EST

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To: OrionX who wrote (4305)1/14/1999 1:48:00 PM
From: Ausdauer  Read Replies (1) of 60323
 
Orion,

SanDisk is perhaps fairly valued at $22 or $24 currently. Just doing some mental arithmetic and reassessing my valuation when I bought in at $24 last April. I really don't think the stock price is inflated at this point. Frenzied speculation could push the price up significantly higher. Additionally, I don't think they will disappoint for the 4th quarter of 1998 and hope that MMC will potentially overlap any post-Christmas lull in sales of CF during the course of 1999.

I am awaiting further analyst upgrades, repercussions from this week's move (another IBD write up), further institutional support, an announcement by Olympus, 4th quarter earnings and then...

potentially the icing on the cake...LEXAR.

Ain't seen nothing yet.

Ausdauer
(22 1/8)
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