WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 172.26

-2.2%

Dec 31 3:59 PM EST

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To: Michael A. Gottesman who wrote (9963)	4/1/2000 10:05:00 AM
From: Zeev Hed	Read Replies (2) of 60323

Michael, with such a material event occurring two weeks before the IPO, they will have to rush and burn the midnight oil to include this decision in the Red Herring and add some "warning" language, but they can still do that in time. The only problem they'll have is that the CPA house they are using may squeeze them hard for redoing the financials and in essence "reauditing". I remember a similar instance where for just adding a little paragraph on the impact of a new event on the future prospects (which is always worded with extreme caution to start with), the CPA house slapped them for a little $150,000. That however, should not stop the IPO from going on, particularly if the NAZ finally regains its footing. The way the NAZ is behaving lately, in two weeks could see us at either above 5000 or below 4000 (VBG). Interesting times... Zeev

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