WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 153.73

+0.6%

3:43 PM EST

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To: Bobby who wrote (1742)	11/20/1997 3:53:00 PM
From: Greg Cervelli	Read Replies (3) of 60323

Seg no longer owns 25% of sndk. They did not exercise their option to buy more during the second offering. Their stake now stands at 22%.I'm not sure what this says about sndk, but I do know it was the original intention of seg to purchase the company eventually. I was told that with this second offering that will not happen. Take it for what its worth. Just you guys might want to know. I don't follow SNDK, I don't have a long or short position, I just have facts that might be helpful Greg

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