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


To: Dave who wrote (24665)1/22/2004 3:29:15 PM
From: Steve 667  Read Replies (2) | Respond to of 60323
 
"SanDisk, as far as I can tell, does have higher margins than Lexar and the "market" is taking it into account/valuing given SanDisk's relative "premium" valuation to Lexar. While you may not agree with the relative size of that "premium", I believe that we both can agree that SanDisk trades at a premium multiple to Lexar because of its advantages."

What premium?????

SNDK current PE is 30
LEXR current PE is 46

THIS IS NOT A PREMIUM!!!

This is more like market manipulation.

Steve