WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.58

+0.2%

Dec 1 3:59 PM EST

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To: Ausdauer who wrote (20792)	9/4/2001 5:38:49 AM
From: thecalculator	Read Replies (3) of 60323

That would be a no-brainer. Appalling Aus…pathetic actually. Are you truly as ill informed as you portray yourself to be? What or whose purposes do you serve in portraying yourself as such? You also stated that SanDisk "may" exercise the warrant, suggesting they have an option to refrain from exercising. That would be a no-brainer. So Aus, should SanDisk or should they not take a 20%+ position in Tower? That is the question? To try and make the previously agreed upon price an issue at this point in time, particularly from a ridiculous postion of ignorance, is not at all helpful to the debate. Think about it…practically speaking, if SanDisk wanted to increase their ownership in Tower to 20%, and chose to instead go into the open market, what average price per share do you think they would have to pay to accumulate such a large number of shares in such a thinly traded stock?!?! The price offered to SanDisk is MORE THAN FAIR. Afterall, some institution with common SanDisk interests could have shorted Tower to take it to its current ridiculously low price…as an arbitrage play…maybe even to try and serve SanDisk’s interests in other matters or negotiations, hmmm?

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