WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 176.05

-2.0%

3:59 PM EST

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To: OrionX who wrote (878)	10/12/1997 10:41:00 AM
From: Jerome Wittamer	of 60323

Mauro, Re : presentation of financial statements: I agree with you when you figure SNDK's accounting dpt is working on deferring income into the 4Q. In fact, they did so for at least the last 2 years, just look at the trend they wanted their earnings to have. This is a very usual window dressing practice, especially in industries where cycles are visible. So SNDK might not fully realize the earnings they have made during the 3rd Q. This would mean a lower figure : 20-25c seems a good range. Re : stock split : Yes IMHO they should soon be announcing some sort of 2 for 1 stock split, 3 for 2 not being enough. Jerome

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