Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Mike Winn who wrote (1703)	11/19/1997 12:12:00 PM
From: Bobby	Read Replies (2) \| Respond to of 60323

<follow the path of most other secondaries>Mike, I don't want to burst the bubble but recent seondaries have not been good. MRVC secondary price was 35 now its at 26, SMOD secondary price was 65, now its at 56.Ofcourse both went up after the secondary and crashed after a while. The only +tive I see is that the CEO already got the stock down, perhaps to avoid situations like mrvc and smod and now we have nowhere to go but up. However I still want to reiterate that unless there is a revision from analysts regarding earnings estimates and long term growth rates, this baby will remain in this trading range till earnings. (and then who knows what will happen :-) With current long term growth estimates and earnings estimates, sndk is trading at a PEG of 2.00 and is not likely to appear on anyones stock screens. The key I think is a revision to Long term growth rates. That will get it going.