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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Ausdauer who wrote (9370)	2/29/2000 8:25:00 AM
From: Tumbleweed	Read Replies (1) \| Respond to of 60323

OT palm vs Sandisk valuation Palm at $100.00 per share equates to a market cap of... $57,000,000,000.00 or about 10 times that of SNDK's $5.75 billion market cap. Is that realistic??? Ausdauer , It all depends what you mean by realistic!!! Is it realistic according to finance? Absolutely not. Is it realistic according to what people will pay. I believe so. Does this make sense? Well, do 95% of internet/high tech valuations make sense? Probably not. Do I care as long as I can sell my 3Com at ridiculously high prices? Absolutely not <g>. I have seen figures put forward of œ300 or even $1000 a share for Palm. If someone is willing to pay me $1500 for my 3Com shares (Palm 1.5) then that sounds like a realistic price to me <g> FWIW I bought 3com stricty for Palm. I will either sell 3com and buy Palm at the same time (why wait 6 months), or if the numbers get too silly, just sell and wait for Palm to drop a bit. Incidentally, for those who might want some more easy money, there will be another chance in 6 months time. When 3Com holders get Palm shares in 6 months, most will (IMHO) sell their 3com within a day or two. So the 3com price will probably plummet extremely low for a few days. Buying on that dip could give you 20% to maybe 50% within a week. *Of course, we could argue that if Palm is worth $100 a share then Sandisk is worth <insert your own huge number here> ! Happy trading on Thursday. Joe