SI
SI
discoversearch

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: Ausdauer who wrote (18325)1/18/2001 9:54:29 PM
From: puborectalis  Read Replies (1) | Respond to of 60323
 
Recent comment.........
SanDisk Acquisition Target Rumors (SNDK, TQNT)

Click Here for More Info

SNDK

It is rumored that the company would receive a $53/share bid from
TQNT

First Union commented that they did not see a good fit between
the companies and the acquisition seems too expensive for TQNT

The run-up in shares is probably due to a change in investor
sentiment

Currently, the supply of flash memory is not meeting demand

The stock is trading at a 52-week low and is selling at a P/E of 7x
earnings