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


To: Jim Lurgio who wrote (1304)11/5/1997 10:37:00 AM
From: JOE W  Respond to of 60323
 
Jim,,,thanks for the last news post.. That pretty much sums it all up.
Hopefully, SNDK will remain over 30 today even though presently
market is slightly on down side.. Thanks again for the quick post.
Good Luck...JW



To: Jim Lurgio who wrote (1304)11/5/1997 10:39:00 AM
From: OrionX  Read Replies (2) | Respond to of 60323
 
FWIW, I'll throw in my two cents.

With the kind of future prospects the market sees for Sandisk and its products, I don't see why we couldn't get the stock back up to the mid 30's today and above 40 by the end of the year with a respectable P/E. If we want to go ballistic like other overpriced stocks such as Citrix and Yahoo, then I don't see why we couldn't get $60/sh (or more) by the end of 1997. Yes, maybe I'm dreaming, but then the market reacts irrationally ie. last earnings stock depression for example.

Good luck to all!