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

To: Greg h2o who wrote (11439)	5/24/2000 9:37:00 AM
From: Dan Hamilton	Read Replies (2) \| Respond to of 60323

Greg, I am one of the newcomers to the thread, and haven't bought into Sandisk yet. I agree with your comments. Someone once said "we must remember the purpose is to accumulate cash, not stocks". I've learned that the hard way over the years. That said, Sandisk looks like it has some good potential in the next few years. I'll be watching it closely for an entry point (which has more to do with the market right now than SNDK). Here's an interesting exercise you can perform on any stock at the Excite site. It calculates the intrinsic value of a stock based on long term expectations. You can plug in the current year's earnings, growth rate and amount of return you want from the stock. Based on the expected earnings of $1.50 per share, a growth rate of 21% and a rate of return of 15% per year, SNDK appears undervalued at these levels. Anyway, it's just another tool to use. You can check it out at quicken.excite.com