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Technology Stocks : WDC/Sandisk Corporation
WDC 168.29-1.0%1:14 PM EST

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To: Sam who wrote (7008)9/21/1999 8:45:00 AM
From: Art Bechhoefer  Read Replies (2) of 60323
 
The new shares on the market could easily drop the stock price somewhat. But more important in my view is the potential effect of an earthquake in Taiwan this morning, a very large quake whose epicenter seems to be close to the industrial park where SNDK has a factory making CF. If production is halted for any long period, particularly with the holiday season coming up, it could momentarily affect SNDK profits and cause the stock to drop a lot more than just issuing new shares. Any comments?

Art
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