WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 154.96

-3.2%

2:44 PM EST

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To: Art Bechhoefer who wrote (7486)	10/11/1999 12:15:00 PM
From: quidditch	Read Replies (1) of 60323

Art and thread: while the "plain english" rule adopted by the SEC is a laughing matter in one sense, the delays caused by SEC staff and lawyers representing issuers (potential issuers, I guess I should say), have killed numerous deals as the holdups in agreeing to acceptable "plain english" in amendments to registration statements have blown away timing windows in the market. While the lawyers discuss the niceties of what is comprehensible to a widow in Sacramento, interest rates rise and fall, markets wax and wane and companies go aborning for lack of funds. Unfortunately, it's not SNDK alone. Steve

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