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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: Art Bechhoefer who wrote (6236)	7/1/1999 12:12:00 PM
From: Ausdauer	Read Replies (1) \| Respond to of 60323

Art, Perhaps you should alert PR at SanDisk so they can initiate a SanDisk press release. This same thing happened with the last HP release. Also, I wanted to counter an opinion you offered here a few months back regarding stock repurchasing. I believe you told me that repurchasing and retiring stock was not necessarily a good means to increase shareholder value. I offered that retiring of the stock is not the only destination of repurchased shares. Spartech to repurchase shares on open market... "This program follows a similar effort initiated in December 1997 under which approximately 1.1 million shares were repurchased -- primarily to fund shares issued under the Company's stock option plans." Please look at the following link... beta.siliconinvestor.com Thus, repurchasing to fund a stock option plan is a viable alternative. I feel that the SNDK management blew it last fall by not capitalizing on a clearly depressed share price, then asking shareholders to ratify three new options projects this year. Although execution by management has been excellent, it has not been without slip-ups. Ausdauer