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


To: Jerome Wittamer who wrote (2830)4/17/1998 8:48:00 AM
From: Jason Rooks  Respond to of 60323
 
Jerome,
You won't find someone more bullish on SNDK than me. I threw out those "potential" hurdles because I like to think of the unexpected forces that seem to bite me in the rear when I get too optimistic on a stock. I agree with your analysis and conclusions. I just do not understand why SNDK is below the $28 second offering price. As I have posted here before, those guys at goldman sachs do not come up with a $28 price willy nilly. Generally, the offering price is a little conservative, taking into account dilution , etc... Nonetheless, SNDK appears undervalued to me and I am anxiously waiting for 2qtr, 3qtr and 4qtr results.

Jason