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Subject:  Re: SNDK - SanDisk Date:  3/14/2008  5:02 PM
Author:  TMFSlydo Number:  1468 of 1817

Hi Hewitt,

Plugging in the $610M net cash returns an intrinsic value of just under $23/share - much closer to your number. Guess it's time to re-jigger my spreadsheet.


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