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


To: Don Hess who wrote (3588)8/11/1998 7:44:00 PM
From: Jay8088  Read Replies (2) | Respond to of 60323
 
I think SNDK is a screaming buy as a value/growth stock. It has no debt, close to $5 in cash, loads of fundamental patents in flash memory ( 2Q was disappointing. But 25% royalty earning make this a very special company.) and expected to earn .78 for next year. Suppose that projection is too optimistic and SNDK earns just .50. Subtracting $5 cash from today's price, that is less than 10 times '99 eps. That is extremely cheap for this high quality growth company. This is the 'blue light special time' for this company with a very exciting future - IMHO.



To: Don Hess who wrote (3588)8/12/1998 10:52:00 AM
From: Phaedrus  Read Replies (1) | Respond to of 60323
 
Don,

I like your reasoning. XMAS is bound to be good for SNDK