WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 200.46

+6.8%

Jan 9 9:30 AM EST

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To: Sonny Blue who wrote (935)	10/15/1997 11:15:00 PM
From: David W. Tucker	of 60323

Another thought... Just how much capital do they need? If they put out only 1 million new shares, they'll get 38 million at tonight's price. What if the price hits 50, then 50 mil. (they did only 39 mil rev in 3Q!). I don't think they'll have to put many shares into the market to raise cash. The dilution shouldn't be so bad. It might make the trading action a little more stable. So even though the idea of raising cash in the marketplace is a bummer, I don't think it's going to be a big deal. A split is still possible. They would probably have to have a board meeting first to decide. To my thinking, a split is desired only to make the trading less volatile. Otherwise, there's no real need at this time. Did anyone listen in on the conference call? dave

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