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

To: limtex who wrote (16032)10/25/2000 12:39:42 PM
From: Dale Knipschield  Read Replies (1) | Respond to of 60323
 
Limtex,

Have to agree with you. The NEW conventional wisdom on Wall St. is that all tech stocks should be priced in the teens or the twenties. An occasional blockbuster will be allowed in the thirties.

Furthermore, all tech P/E's should be in single digits, since tech products are quickly outmoded, underpriced, and difficult to comprehend.

If you believe this, SELL. If you don't, HANG ON....reality will prevail.

Regards,

Knip



To: limtex who wrote (16032)10/26/2000 1:50:30 AM
From: The Prophet  Respond to of 60323
 
Mais, mon ami, chaque companie n'est pas la meme.

SSTI is a big player in maturing markets; SNDK is a big player in massively accelerating markets. The street often takes time to differentiate in these circumstances. This stock is worth $200 so long as they are not significantly defeated in the LEXR litigation. When the street wakes up and smells the coffee, I don't know. That they will, I do.


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