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

To: Ausdauer who wrote (12600)	7/6/2000 12:38:21 PM
From: Road Walker	Read Replies (1) \| Respond to of 60323

Aus, re: "I am generally against posting a sensational headline without providing an interpretation of how the news effects SanDisk. Maybe I am off base here, but I don't think that most of the SNDK longs on this board are easily swayed by a single report coming at a time when we have already been crushed by the market. The SSB report (based on the relevant, excerpted sections posted here by Greg and others) has not furthered my understanding of SanDisk, nor weakened my belief in the company. I agree with everything you say, except the part about not posting "a sensational headline without providing an interpretation of how the news effects SanDisk". We are all (well mostly) adults here and we should all realize not to act in a rash manner on something you read on the Internet. Greg posted pertinent information as soon as it was available. Same as the traditional media, you get the headline and then later you get the background, if they waited for the background it's old news. Many times I have profited by market moving headline news that you could just tell was going to dimissed within a short period of time. You wouldn't want SanDisk investors to miss out on a buying opportunity waiting for an in depth analysis. I think JJ from SSB climbed out on a very thin limb yesterday, and those that bought some of the stocks that were punished should thank him for his sacrifice. IMHO, post it when you get it. John

To: Ausdauer who wrote (12600)	7/6/2000 12:47:09 PM
From: Greg h2o	Read Replies (2) \| Respond to of 60323

<<FWIW, SanDisk's closing price yesterday gave us an approximate PE of 48 based on my forward earnings projection of $1.12/share for 2000 (without consideration of cash net of debt).>> try the equation with the concensus estimates of $0.89 for '00 and $1.23 for '00.... your estimates are WAY higher than the street. not saying you're wrong, but you are pretty close to what they're expecting NEXT year... again, just posting the analyst estimates, not MY estimates.