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Technology Stocks : WDC/Sandisk Corporation
WDC 152.19-3.7%3:59 PM EST

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To: Art Bechhoefer who wrote (60247)5/12/2016 3:47:25 PM
From: SiliconAlley   of 60323
 
Never said they ruled against Chinese interests. I responded to your assertion that

"CFIUS can exert influence only when foreign ownership approaches 50%"

Clearly not the case, and no support for your belief that Unisplendour can freely purchase 15% of WDC on the open market, and obtain their board seat.

Your additional assertion that "CFIUS has no authorization to grant or deny anything. They are an advisory body." is also misleading. Only the President can override them. Clearly they exert influence over the President, and this can occur at the 15% level.
Read the regs. Your assertions about nefarious activity by the Chinese, affecting WDC price, is pure conjecture and supported by zero facts. But given that the deal has closed, this is a non issue, and I believe any further discussion of the issue adds no value to anyone on this board.

If you wish to continue to take shots at me, please do so privately. I have been more than generous with you on explaining what will become of your SanDisk options, and how to avoid a naked short option position.
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