WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 180.10

+0.3%

12:09 PM EST

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To: Joe Zunic who wrote (1039)	10/21/1997 7:15:00 PM
From: Phaedrus	Read Replies (1) of 60323

I think this company has a good CFO. The best time to raise capital is when you dont need it. The last 6 months have been extremely good to tech stocks and SNDK in particular. Although I am not happy about the coming dilution, if they have the extra resources to weather any downturns in the economy and or market, then we will be happier long term becuase they will be able to capitalize on others weaknesses. I could very well be wrong, but I have to think that they have a story to tell when they do the offering. The story (i.e. road show) will rally the stock to the mid thirties and that is where the deal will be done. No real information here -- I've just seen the pattern before. As far as the CEO, he may not be financially savvy, but he's a big reason the company is in the position it's in and he's no idiot. BTW any body see the movie The Saint??? Pretty cool cell phone/HPC!!

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