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Technology Stocks : WDC/Sandisk Corporation
WDC 175.07+0.5%11:04 AM EST

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To: Ausdauer who wrote (8570)1/4/2000 6:55:00 PM
From: Artslaw  Read Replies (1) of 60323
 
One very specific and very stock-price related highlight which makes it easy to hold this stock through the New Year and through drubbings like today was the passing of the proxy issued 10/29/1999 which states:

freeedgar.com

The Board of Directors of the Company has approved and recommends that the stockholders approve an amendment to the Company's Certificate of Incorporation to increase the authorized shares of the Company's common stock (the "Common Stock") from 40,000,000 shares to 125,000,000 shares. The Board of Directors of the Company believes the increase in the authorized shares is necessary to provide the Company with the flexibility to act in the future with respect to financing programs, acquisitions and other corporate purposes including effecting potential stock splits without the delay and expense incidental to obtaining stockholder approval each time an opportunity requiring the issuance of shares may arise.

Steve

(89 5/8, down 5 3/4)
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