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Technology Stocks : WDC/Sandisk Corporation
WDC 167.13-1.7%1:41 PM EST

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To: Bob Kim who wrote (7955)11/4/1999 8:05:00 AM
From: Ausdauer  Read Replies (1) of 60323
 
Bob Kim and Thread,

$68 x 4.5 million = $305 million - $15 million to the underwriters = $290,000,000+

Thus, we will have over $400 million in cash with no debt and a small dilution of the stock.

This will help Eli & Co. realize the company's growth plan as we molt out of the confinement of a fabless shell and into expand into a higher profile company with a state-of-the-art co-owned wafer fab.

It seems clear for the near term and foreseeable future that flash wafer demand will continue to outstrip supply. I am happy that the 256Mbit/D2 process essentially triples MB production for a given wafer output. This will be crucial in 2000 given the fact that capital expenditures for manufacturing will become fruitful in 2001.

Cannot wait until the Dominion plant is on-line!

SOMEBODY PLEASE GIVE US A CAPSULE SUMMARY OF THE SECONDARY OFFERING FOR THE LAY INVESTOR WITH NO COLLEGE CREDITS IN ECONOMICS AND NO MBA.

(Plus, I haven't had any coffee yet this morning.)

Ausdauer
SanDisk...See the Big Picture
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