WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 154.72

-4.7%

2:44 PM EST

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To: Sowbug who wrote (2656)	3/8/1998 6:44:00 AM
From: limtex	Read Replies (1) of 60323

Sowbug and all - 1. The company sold about $90m new shares at about $28 around 12 weeks ago. Some very big names in the investment banking community had their names on that sale. 2. For some reason the stock nosedived soon after the secondary and hasn't recovered to the secondary price even quite yet. 3. During this time the company has come out with good results and some very good announcements of new porducts, fields and partners. 4. During this time many other companies have had their results affected by their exposure to Asian markets. SNDK didn't have a chance to get much of a market anywhere yet so it hasn't been affected. "If you ain't got socks ... you can't lose them.....you can only get them" 5. No-one seems to doubt that the market for SNDKs products is huge. 6. IMHO SNDK's biggest product isn't even on sale yet ...MMC chip. SNDK loooks like a good investment. L

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