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: JJB who wrote (2516)	2/8/1998 4:16:00 PM
From: stanley r phelps	Read Replies (1) \| Respond to of 60323

to tech investor: pardon typos....bad eyesight...my question was any feelings that sndk ought to be selling higher than $20's.... If it earns 80cents in 98. and sells at 30x earnings, then $24 is a good number. My formula is to to BUY at 2/3 of growth rate, but never higher than 30x. Frankly, Sndk may have a growth rate of 50%. Any opinions would be appreciated. A run from 9 to $23 after all is HUGE, so maybe some resting time here. .....thanks, Stan Phelps