WDC/Sandisk Corporation Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : WDC/Sandisk Corporation

WDC 211.74

-0.2%

10:11 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: AB who wrote (1257)	11/4/1997 6:44:00 AM
From: Greg Thomas	Read Replies (3) of 60323

A few thoughts on previous posts: <<<$28 - $29 is the approx. offering price of secondary>>> Since the details have yet to be announced, predicting a price on the secondary is pure speculation. <<<The CEO is an idiot>>> Don't underestimate him. Although his recent comments were partly to blame for the sell off last month, I'm sure he had good reasons for making them. Perhaps he didn't want to secondary to be overpriced (at perhaps $60) and volatile....which wouldn't be in SNDK's best interest. An offering price of $22 isn't good either. There's plenty of time before the offering for the stock to appreciate. My guess is it'll be around $37. <<<Will this new "cell phone card" compete with T.I. memory?>>> I have absolutely no idea. But if my prediction of Wednesday's announcement is accurate, I think it'll have a drastic affect on the phone and computer industry (for ex., if the cell phone card performs as I stated, external modems and phone wires will be thing of the past. Looking forward to Wednesday... Greg.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next