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Technology Stocks : WDC/Sandisk Corporation
WDC 166.10-2.3%Nov 12 3:59 PM EST
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To: Mats Ericsson who wrote (3787)10/8/1998 2:24:00 PM
From: dumbmoney  Read Replies (1) of 60323
 
SanDisk needs to get out of the business of manufacturing flash memory. The value of SNDK is the IP portfolio, which produces a nice free cash flow. In fact if they shut down the entire company and just collected royalty checks, earnings would improve and so would the stock! Think RMBS.
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