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Technology Stocks : WDC/Sandisk Corporation
WDC 157.75+0.4%Nov 14 9:30 AM EST

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To: Ausdauer who wrote (3828)10/20/1998 10:17:00 PM
From: Craig Freeman  Read Replies (1) of 60323
 
Ausdauer. no one would be complaining about dilution if SNDK shares were at $30+. Not if earnings were RISING instead if falling. But the simple fact is that SNDK would have performed better by firing everyone and hiring two accountants and a collection agency.

When you invent something, protect it with patents, market it successfully, and become the #1 vendor in your field ... and after all that, your prospects worsen ... it's probably time to reconsider things.

In this case, maybe the local "Y" has openings for previously employed SNDK managers and staff. Then SNDK shareholders could hire two accountants and a collection agency. And the dilution would finally come to an end.

Craig
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