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

To: avanti77 who wrote (10968)	5/11/2000 7:52:00 AM
From: limtex	Respond to of 60323

snd - Mar Q SNDK earned 21c consensus estimate for cal 00 = 87c last price = $64 P/E= 64/0.87 = 74 Next year if SNDK earns say $1 per share then assuming the stock price can hold $64 then the P/E might fall to just under 60 Now it dpends on whether you consider P/E of 74 reasonable or sky high or put another way would you like to buy a company for 64 times its established annual earnings? Best regards, L

To: avanti77 who wrote (10968)	5/11/2000 8:12:00 AM
From: Tumbleweed	Read Replies (1) \| Respond to of 60323

Elizabeth, I wonder if you or any threadmates could confirm, if in fact the p/e of 20 on SNDK is accurate. This is what it shows on askresearch, as well as yahoo. If this is so, than SNDK at these prices is a great long term opportunity. That PE includes the one time gain from UMC, so it isnt real in the sense of ongoing annual earnings. Its a bit like winning the lottery and saying that because you had an income of $3M last year, thats what you'll earn next. I have learnt that Yahoo finance info isnt always as reliable as you might think due to mistakes of this sort. Joe