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Technology Stocks : WDC/Sandisk Corporation
WDC 183.02-2.2%9:32 AM EST

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To: Ausdauer who wrote (5860)5/28/1999 3:50:00 PM
From: David W. Tucker  Read Replies (1) of 60323
 
1) I think that recent trading in Sandisk shows that the market still has confidence in Sandisk and does not see the recent Lexar comments as having much merit.

2) I am starting to wonder what Sandisk plans to do with its cash position. It is not well invested. Was this discussed at the recent shareholder's meeting or conference call? Are they planning to purchase another company? In any case, it wouldn't hurt to spent a couple mil on a self promotional scheme. The company is now well placed with CF's in hundreds of stores. Let's make the best of it!

dave
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