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: Art Bechhoefer who wrote (10603)	4/23/2000 1:35:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 60323

Art: "would not be out of line", with current valuations in the market you are probably right, but I fear that current valuations in the market are all based on some very optimistic assumptions, and i also fear that current yardsticks will be cut down if we get a real bear market. The art here will be to see what kind of valuations one can expect if indeed a bear evolve. If indeed, SNDK will gather royalties on the lion share of flash memories that are going to be produced from here on, and indeed flash may reach a market size roughly 50% that of the DRAM market, then current valuations will b seen as tepid in few years, even if we get a bear market bringing back PEG in general to under 1. That is one reason I think that the growth rate of royalties revenues (which I still think is currently the lion share of SNDK bottom line) is so important. Zeev