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Technology Stocks : WDC/Sandisk Corporation
WDC 176.37-5.8%Dec 12 3:59 PM EST

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To: Ron C who wrote (6697)8/21/1999 5:12:00 PM
From: Bargain Hunter   of 60323
 
Is there any news on the Lexar suit? I would think that we would have heard some rumblings by now.

As I recall the mandatory settlement discussions are supposed to be held this month. I'm guessing that no settlement will be reached and that the matter will go to trial. I think by the time it is concluded it will have lost much of its significance. Lexar no longer seems much of a threat and a win is already pretty much priced in. The stock price increase from a successful result is probably much less than the decrease from a major loss, but a major loss seems unlikely.
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