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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 9:30 AM EST
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To: Ausdauer who wrote (7164)9/29/1999 2:16:00 PM
From: quidditch  Read Replies (1) of 60323
 
Preliminary injunction is relief sought by a party pending a full hearing (trial) on the merits of the underlying claim for relief and request for permanent injunction. While both a preliminary injunction and permanent injunction are extraordinary remedies sought in the nature of equity (i.e., where monetary damages can not be calculated and/or would not make the claimant whole), the grant of a preliminary injunction is relatively rare because of the high standard that must be met by the claimant--irreparable damage--pending the full hearing on a permanent injunction. Apparently, Lexar met that standard in the view of the DC judge. SNDK could appeal that grant if it thinks the judge misread the facts or misapplied the law.

Having said this, am I (still without a position in SNDK) too late to the party?

Hey Ausdauer, Art B. Greetings and best regards. Steve
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