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: TREND1 who wrote (19423)3/3/2001 12:24:51 PM
From: Zeev Hed  Respond to of 60323
 
Larry, even MU bottomed at well above twice book value in its worse days in July 96, when it viability was in question (BV of $9 and lowest price of $16 and change, if you could "catch it"), SNDK is far from the sorrow state MU was in then (MU was running out of cash and there was red ink as far as the eye can see). As I said, you might see a spike to $15, but I do not expect the stock to trade below $19 for any length of time. Having said all that, remember CYMI in the last cycle, it went to 1/2 my worst forecast.

Zeev