Apple Parted Ways With Sandisk

StockJockey's avatar
by StockJockey
Tuesday, October 23, 2007 - 9:30 am

Originally Published in Charting the Markets October 23, 2007 9:30 AM

Price targets have recently been assuming a prominence they have not seen since 1999, and Steve Jobs & Co. are now sporting targets well over the $200 mark. That number is out of reach for shareholders of Sandisk (SNDK-NASDAQ) who have probably noticed that their stock no longer trades in tandem with Apple, Inc. These two stocks decoupled a year ago. We love you Eli, but what have you done for us lately? No Position

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