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Technology Stocks : WDC/Sandisk Corporation
WDC 153.02-5.8%12:36 PM EST
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To: Chris Nevil who wrote (3023)5/20/1998 2:40:00 PM
From: Ausdauer  Read Replies (2) of 60323
 
Dear Thread,

I am continuing my combing of the annual report. Three points which are notable include:

1) the fervent defense of intellectual property,
2) the statement that future revenue growth is more likely to reflect increases in licensing and royalties rather than product sales, and
3)As of March 2, 1998 there were only 251 shareholders of record.

Cautionary statements abound, but most seem self-evident.

The point which I found most peculiar is the relatively small number of investors which own stock. If you add up all of those who either contribute or lurk on this thread we probably have enough participation for an annual meeting.

I hope that we are investing in this company in its infancy. It will take time to mature. As others have mentioned, I hope this is the next Intel or Dell, but even less lofty aspirations will suffice.
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