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

To: Rob S. who wrote (3201)	6/9/1998 5:23:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Rex and Rob, If you think about the stock price being $14 and change in recent memory, $4.55 per share in cash, $1.00 or so per share in deferred revenues and projected earnings 1998 in the range of $0.90 we were down to a PE ratio near 10 or 12. Recalling this is a high-tech company which has not begun to see its brightest days competing in an industry which will grow exponentially the stock had to begin rebounding sometime. Hope this is a sustained move. Aus