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


To: Ausdauer who wrote (3784)10/8/1998 10:37:00 AM
From: Sam  Read Replies (3) | Respond to of 60323
 
Ausdauer,
Same is happening to a lot of semi stocks, the group that the market lumps SNDK into. Cf an earlier post, where I pointed to leading semi companies--established companies, with relatively long histories of making money, dropping close to or below book, and in some cases BELOW cash value (ASYT, now down to a little above 6, with about $7/share or a little more than that in cash). Cf. also CHS (symbol HS), an electronics distributor, which now trades at a PSR of around .03, or a little more than that. Bargains galore are being created here for those with some cash and strong stomachs.

Good luck,
Sam