WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 160.00

-2.2%

Dec 2 3:59 PM EST

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To: AnnaInVA who wrote (6846)	8/31/1999 8:16:00 PM
From: Craig Freeman	Read Replies (2) of 60323

Anna, the meeting is scheduled for October 20th so that's the first opportunity available for a split. The BOD could vote in a split on that day but I doubt it. Restating what's happened recently, first SNDK arranged to raise a lot of cash, then it cut a deal with the Asian giants, and soon will make more shares available. IMHO, the best possible scenario would be for SNDK to buy Lexar AND a fab (or a piece thereof) for a combination of cash and shares. That would remove a "big question mark" (the Lexar lawsuit), consolidate SNDK's monopoly, increase market exposure, and provide a means of production to meet future needs. A quick look at SNDK's chart could be read as a sign that something similar has been in the works since May. The recent flurry of activity could be a sign that everything is about to come together. It's all speculation but it could be an interesting Halloween for SNDK. Craig reply to "Craig, what time frame are we looking at when the stockholders should ok this increase in share distribution ? I am trying to figure out when SNDK will announce a stock split."

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