WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 150.92

+8.5%

3:59 PM EST

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To: pompsander who wrote (27740)	3/25/2005 7:07:58 AM
From: Pam	Read Replies (2) of 60323

Hi Pompsander, SAN JOSE, Calif. (Reuters) - A California jury awarded memory chip maker Lexar Corp.(Nasdaq:LEXR - news) $84 million in punitive damages from Japan's Toshiba Corp.(6502.T) on Thursday in trial over Lexar's claims Toshiba stole its trade secrets. I thought, punitive damages are generally 2-2-1/2 times the other award. What happened here? As expected, Toshiba is going to appeal. biz.yahoo.com Anyone heard the Lexar CC? Anything worthwhile? They are projecting this Q's sales of at least 200MM and a loss of 14-18c per share. Consensus is at 179MM and 29c loss for Q1. -Pam

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