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Technology Stocks : WDC/Sandisk Corporation
WDC 160.52+3.1%2:12 PM EST

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To: Craig Freeman who wrote (21055)10/29/2001 11:19:43 PM
From: Ausdauer  Read Replies (1) of 60323
 
"My sources tell me that Toshiba is trying to shrink more than just
die widths. They have lost so much money that they might sell most anything...


...including their joint interest with SNDK."

Companies like Toshiba and Samsung are exposed on multiple fronts, not just
semiconductors, but consumer electronics and a myriad of other product lines
that are being hurt by a sluggish US economy.

I guess I underestimated you, Craig. You clearly are better informed about
the current situation at Dominion than anyone else on this board. And it must
pay to have sources who can tell you what's going on in the board rooms at Toshiba.

I would say that the fab investment in Dominion is pocket change for Toshiba.
Selling those interests are unlikely to right their ship in these turbulent waters.

Aus
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