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

To: michael who wrote (1245)	11/3/1997 12:08:00 PM
From: Michael A. Gottesman	Respond to of 60323

Tend to agree with you. Investers are "skiddish" of the co. especially in view of the freefall in mid-October. I don't expect a runup like that again even if Wednesday brings unbelievable positive news. I expect it to max at 28-29 (the approx. offering price on the secondary offering).

To: michael who wrote (1245)	11/3/1997 1:42:00 PM
From: OrionX	Read Replies (2) \| Respond to of 60323

Michael, Since we don't have the details of what is to be announced this Wed., it is hard to determine how high the stock will go. If the news is as significant as many believe, I don't see why the stock can't break through $30. again. Anyone willing to comment, with facts, about Wednesday's conference? With next year's earnings pegged at .99/sh as per quote.yahoo.com , $30./sh gives us a P/E of 30 which is about right. IMO, Sandisk's technology should merit a higher P/E. Regards, Mauro.