Yahoo has BV at 15.6; they also have total cash at 1.45 Billion or so. Judy said they have 2.6 Billion in cash. Yahoo has not updated either BV or cash. We are at BV here or maybe slightly below. In any case, if SNDK is not up from here pretty damn soon, it will begin to again look very attractive as buyout.
Mark this post(again). There will be no buyout. Please explain why you believe that there will be a buyout. SNDK is getting ready to reap the profit from their well thought out and executed plans. To sellout now would make no sense at all.
Too many analysts holding back on what is an obvious turnaround for SanDisk. It feels like they're aware or expecting (or helping with) a buy out suitor, driving down the price and filling their baskets with shares. IMO, we've now bottomed (unless the market completely falls apart again). Seems plenty of support just below $20. I'd look for a few upgrades coming in next week... Just hold on for now. It's a short low volume vacation week, easy to manipulate for the few traders not on holiday.