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Technology Stocks : WDC/Sandisk Corporation
WDC 169.99-2.4%3:59 PM EST

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To: Ausdauer who wrote (10700)4/28/2000 5:29:00 PM
From: Michael A. Gottesman  Read Replies (2) of 60323
 
Aus - On April 21, 2000, I calculated the current value of SNDK's UMC stake at 423.3 million US dollars.

Well, today, just 8 days later, that asset value has grown to 453.94 million US dollars ( Current share price of 103.50 Taiwan $ = 3.40797 US$; 133.2 million shares x 3.40797 = 453.94 million $).

30 million increase in a week - not bad, not bad at all! An this resulted from a rather small initial investment. Aus, do you recall the amount of the original investment. I remember it was in a prior post.

Mike
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