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Technology Stocks : WDC/Sandisk Corporation

WDC 181.95

+7.3%

Dec 10 3:59 PM EST

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To: Andre Williamson who wrote (21007)	10/18/2001 9:30:52 PM
From: Ausdauer	Read Replies (1) of 60323

Lexar C.C. They have a new credit facility without covenants and have drawn down $2.0 million dollars of $10.0 million dollars at an interest rate of 12%. I think they closed out their old credit facility with Chase. (They mentioned paying off an old loan of about $5 million.) They expect $10.0 million in cash for Q4 if loans are accounted for. The Q&A session indicated that Lexar feels all NAND-based flash memory cards infringe their technology. They gave no specifics. Aus

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