WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 155.64

-2.7%

3:59 PM EST

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To: Ausdauer who wrote (6834)	8/31/1999 2:37:00 PM
From: Art Bechhoefer	Read Replies (1) of 60323

This looks like the efficient method of preparing for a stock split. Also, by having extra shares available for acquisitions, it sounds to me like SNDK might end up settling the LEXAR suit by offering to buy the company (and its manufacturing capacity) for a cheap price, thus putting Lexar out of business but increasing its foothold in flash memory manufacturing capacity. SNDK buys Lexar, the Lexar management pays its legal fees, ending up with very little for all their effort, and everybody goes their own way. That maximizes the return for everyone except the lawyers. And if the suit goes to trial, SNDK will probably win, and Lexar will then declare bankruptcy, providing nothing for anybody EXCEPT the lawyers.

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