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

To: Art Bechhoefer who wrote (39092)	3/22/2008 3:23:21 PM
From: jokesonme	Read Replies (1) \| Respond to of 60323

Hey Art, New to the board...A couple of thoughts to your post: 1) Profitability; not for long if the current trend continues: Eli said that this environment was "unsustainable" in 2007..he's checking on that definition as we speak 2)Many, many tech companies don't have a ton of debt, especially as a function of cash; not that unusual... 3) Hopefully SNDK's cash will not soon be evaporated with future capex spending 4) Book value is a funny metric, same thing for the idea that it is trading at 1 x sales, etc. The most important element is profitability and the way SNDK is getting squeezed with its margins slipping, it is worrisome.. Thought Eli would do a better job at controlling costs. It is frustrating to keep hearing that WS doens't get it...I mean, you get it and others on the boards supposedly "get it" but after this long high priced analysts don't?? (I'm not talking about calling the share price....Ellis wouldn't have a job right now!) But come on, I used to think the same thing...In fact, I used to claim that Eli is an inarticulate boob (still think he should resign as CEO) and I always thought he wasn't explaining himself (or the story)...I was completely WRONG..The street knows what is going on...shrinking margins, more technology questions x3, x4, competitors'extremely deep pockets,questions of Sammie resigning..and the most important, NAND prices plummeting.... Book, schmoook. The landscape is changing and if Eli is as good as everyone says he is, then superior MLC SSD's and only that will bring this company's stock back to some level of respectability....not his rhetoric, not his substandard management of costs, not his future toshiba fabs and not his inferior CE products.