WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 152.76

-5.9%

12:12 PM EST

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To: Steve Lee who wrote (15499)	10/11/2000 4:44:43 PM
From: Art Bechhoefer	Read Replies (1) of 60323

Steve, the info you provided from the 10Q says substantially what I was saying, though I thought that SNDK actually sold some shares, rather than just recording the gain in value when the shares were exchanged. By the same token, if some or all the shares that can now be sold have a market value that is lower than when the earlier exchange and adjustment occurred, then we could see a one-time LOSS on the books. I hate to think what that would do to the price of SNDK in a market like this! Art

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