WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 140.23

-8.9%

Nov 20 3:59 PM EST

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To: Craig Freeman who wrote (16359)	11/1/2000 4:37:28 AM
From: Steve 667	Read Replies (1) of 60323

Craig, I just noticed that Lexar's float to outstanding share ratio is 11%! These guys really are scum buckets! I think that is the lowest ratio I have ever seen. 6.5M shrs float, 59M shrs outstanding. This explains everything!!!! They are padding their own pockets with a vengence I can't even believe that this is legal. Those bastards! All they have to do is make it to option exercise day and they have it made. After that it doesn't make any difference if the company tanks, they loose the lawsuit or what. The officers will be rich beyond their wildest dreams. If SNDK really wanted to get in Lexar's nickers, they should have a press release and make those numbers known and explain just what they mean. Should be brought up at Lexar's annual meeting if they haven't had it yet. Well that about raps it up. OK for OT. Harmonic Inc. (HLIT) looks pretty good in here too. It is is only $14.50 a share which is $133 off it's high for the year. If you buy it here and it gets back to the high, you will make 11 times your original investment (ten banger then some). If the same happens for SNDK you only make less than 1/3 of that. Trailing PE is only 22. WOW! only 22. AT&T announced they are going to buy its optical nodes and DWDM transmission platforms from for use in cable plant upgrades throughout the United States. That seems like a robust account doesn't it? What do I know? Bye, Steve 667 .....wow...only 22 ......SNDK 51, ...HLIT only 22

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