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: OrionX who wrote (4305)	1/14/1999 1:48:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Orion, SanDisk is perhaps fairly valued at $22 or $24 currently. Just doing some mental arithmetic and reassessing my valuation when I bought in at $24 last April. I really don't think the stock price is inflated at this point. Frenzied speculation could push the price up significantly higher. Additionally, I don't think they will disappoint for the 4th quarter of 1998 and hope that MMC will potentially overlap any post-Christmas lull in sales of CF during the course of 1999. I am awaiting further analyst upgrades, repercussions from this week's move (another IBD write up), further institutional support, an announcement by Olympus, 4th quarter earnings and then... potentially the icing on the cake...LEXAR. Ain't seen nothing yet. Ausdauer (22 1/8)