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

To: Sam who wrote (6821)	8/30/1999 4:23:00 PM
From: Ausdauer	Read Replies (2) \| Respond to of 60323

Sam, Hunter, Jim, Thread members, I meant to say... "The other issue that bothers me is the offering price for new shares, the discount to current market price and the terms of the offering. I hope that their will not be an abrupt uptick in stock resold on the street related to the new shares circulating." My fear being an abrupt uptick in stock availability leading to an abrupt downtick in stock price. Ausdauer

To: Sam who wrote (6821)	8/30/1999 6:36:00 PM
From: Art Bechhoefer	Read Replies (1) \| Respond to of 60323

Sam, a year ago SanDisk was forced to write off old inventory that was outmoded and couldn't be sold at all. Look at the difference today. They're selling whatever they can make. Last year, they drastically cut prices to reduce inventory of unwanted chips. This year they're apparently unable to keep anything on hand. If demand stays strong, prices will inevitably rise, increasing profit margins. I think the shareholders are beginning to realize this. Look at how well the stock performed today, when the rest of the technology stocks were down significantly. As to the impact of the new shares, whenever they come on the market, I think the market will absorb them without hardly a blink.