Silicon Investor (SI) -- The First Internet Community

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 -- Ignore unavailable to you. Want to Upgrade?

To: Bruno Cipolla who wrote (8955)	1/28/2000 12:34:00 PM
From: Artslaw	Read Replies (1) \| Respond to of 60323

steven, this can easily become a 30B$ (market cap) company in 2-4 years)of course it may go down to 100-110 again before jumping up... Bruno, I agree that SanDisk may do good things in the future, but I'm a "value investor" and essentially stop every once-in-a-while to crunch the numbers and see if the stocks I hold are still values. Using R-S's numbers, particularly their EPS growth, SNDK did not look like a value any more. Compound that with the fact that I leveraged my investments by loading up on April options, there really wasn't any other choice than to sell since the calls would have lost that beautiful momentum premium if/when the price stabilizes (also, the options were up 300% in less than a month!). Genearally, I think SNDK is still reasonable compared with the valuations of other companies, but I don't want to get caught in that trap if/when the chips (literally) fall. All the best, Steve