WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 219.44

+16.8%

Jan 6 3:59 PM EST

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To: OrionX who wrote (808)	9/27/1997 6:31:00 PM
From: David W. Tucker	of 60323

Im my opinion, I don't think SEG is in a financial position to buy up any more SNDK shares. I'm am not in favor of a buy-out just yet because I don't want to lose this pure play on Sandisk's technology. But it might just happen. Our CEO really wants to see this thing play out. I think he'll hold out as long as possible. However, he's getting older. He's been working on this for a long time. He's becoming a very rich man. He might want to get out. Who knows. I'm expecting two tremendous quarterly reports (3Q + 4Q '97). I wouldn't be surprised by a buy-out sometime in '98. I just hope they hold off for awhile. By the way, does anyone know what happens to call/put options if the underlying company is bought out or is merged? Wouldn't I just have to wait for the stock to trade up to the buy-out price and then sell? I've never had to deal with such a situation before. Continued good luck. dave

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