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To: Sarmad Y. Hermiz who wrote (122350)4/1/2001 3:11:35 PM
From: GST  Read Replies (1) | Respond to of 164684
 
Sarmad: If you were short in the last year it could have been the most profitable year on record. I am into reality. I am not into the big rally that is not coming.... The market is depressing.



To: Sarmad Y. Hermiz who wrote (122350)4/1/2001 5:45:35 PM
From: GST  Read Replies (2) | Respond to of 164684
 
"Do you still have Sandisk ? Barrons had an article giving the impression it is a good value." It is trading at 30 times next years earnings. Assuming no further reduction in earnings for next year -- a very big leap of faith in this environment -- SNDK is trading at 30 times next year's earnings? Cheap? It would be cheap at 10 times next years earnings. That would make it a buy at $8.


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