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

To: puborectalis who wrote (18328)	1/19/2001 10:28:23 AM
From: Art Bechhoefer	Respond to of 60323

The rumor about TQNT acquiring SNDK has been around for some time. It has no validity, IMHO, because a well managed company like SNDK would never accept such as low price, nor would any rational SNDK shareholder. If the company were up for sale, the bidding would be based on growth in revenues and earnings, plus the intrinsic value of the patents, which would give a valuation well above $100 per share. Now that semiconductor stocks appear to be receiving renewed investor interest, SNDK shareholders should not be surprised to see the stock move back to the high 60's or low 70's--the level it reached after being added to the S&P 400 index. If the last quarter's results, to be announced next Wednesday, are consistent with earlier growth, the stock should easily reach the 60's in a matter of days. By the way, the recent SNDK conference call press release contained an incorrect web site/email address. I notified SNDK and received an acknowledgment from IR a couple of days ago. Those who want to listen to the call, should RSVP at 408-542-0585 and then plan to dial in at 5 pm eastern time, Jan. 24, using the number 973-872-3100.