WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 178.76

-1.5%

10:05 AM EST

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To: JesseK who wrote (13897)	8/14/2000 5:23:46 PM
From: Ausdauer	Read Replies (1) of 60323

Jesse, It will be interesting to see what Lexar can do with $60 million or so in cash. After the IPO there will be about 55 million shares of common outstanding if I recall correctly. I guess I don't see Lexar's performance as stellar so far: For the six months ended June 30, Lexar reported a net loss of $19.1 million on revenues of $40.8 million compared with a net loss of $7 million on revenues of $9.2 million for the same period in 1999. Revenues quadrupled while net loss nearly tripled. The also opened at $10 million dollar line of credit with certain clauses dependent on how the patent infringement case procedes... Message 14202524 Whatever happens I hope that SanDisk gets paid. Ausdauer SanDisk...Show me the money!

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