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


To: Art Bechhoefer who wrote (19109)2/13/2001 11:08:58 AM
From: im a survivor  Read Replies (2) | Respond to of 60323
 
<<it still doesn't explain why there is so little investor interest in this stock.
Art
>>

Then what does explain it ?

Keith



To: Art Bechhoefer who wrote (19109)2/13/2001 12:08:45 PM
From: Wallace Rivers  Read Replies (1) | Respond to of 60323
 
Correct me if I'm wrong, but I believe SNDK earnings include some unusual, or one time, items, which contribute to the PE being this low. Value Line has SNDK earnings as $1.31 in '00, recently reduced estimates for '01 to $1.25. For both years, this yields a PE of about 20.