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Technology Stocks : WDC/Sandisk Corporation
WDC 221.51-0.3%Jan 16 9:30 AM EST

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To: Craig Freeman who wrote (6990)9/20/1999 12:24:00 PM
From: Tumbleweed  Read Replies (1) of 60323
 
reply to Message #6990 from Craig Freeman at Sep 19 1999 6:30PM

Ausdauer, since it is illogical for private investors to put up capital if they felt that Lexar was going to lose the patent suit, one must conclude that the
opposite is true :-(

reply to: "Lexar Media...formerly a division of Cirrus Logic...is about to complete its third round of financing by private investors."

Craig


two possibilities;
1) Only if one assumes that these people know what they are doing. Plenty of people put money into Iridium and ICO long after I at least could see they were only going one way.

2)Its always possible that Lexar could lose the suit, pay damages, and still have a viable business. (I dont know that, I havent looked at their financials, I'm just saying its possible)

If Lexar were viable even if they paid royalties (and other vendors are, so why not Lexar), then Lexar have been pretty astute at getting their product out into the stores and OEMs and would quite possibly be a good investment.

Joe
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