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


To: Ausdauer who wrote (5693)5/13/1999 8:18:00 AM
From: Art Bechhoefer  Read Replies (2) | Respond to of 60323
 
Aus, many thanks for monitoring the shareholder meeting and reporting to all of us. You have confirmed many of our earlier thoughts, namely that SanDisk is really a fine company, and a much better buy than most other technology stocks. Imagine, here we are with digital photography just beginning to take off, with good quality, affordable equipment. Here's SanDisk with many of the key patents, destined to occupy a pivotal position in the industry. Yet, here you have a company whose stock is selling at a mere 3 times book value. The same was true with QUALCOMM with respect to digital cellular. When institutional investors finally understood QUALCOMM's place in its industry, the shares quadrupled in price in just a matter of a couple months. The same will probably happen here. Smart investors will keep on buying for long term growth. Art