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


To: A.J. Mullen who wrote (7952)11/3/1999 9:36:00 PM
From: orkrious  Read Replies (2) | Respond to of 60323
 
Sandisk Corporation Commences Public Offering for 4,500,000 Shares of Common Stock
SUNNYVALE, Calif.--(BUSINESS WIRE)--Nov. 3, 1999--SanDisk Corporation (Nasdaq:SNDK) announced today that it commenced its public offering of 4,500,000 shares of its common stock at a price of $68.00 per share, which will result in net proceeds to the Company of approximately $291.3 million.
All of the shares are being sold by the Company. The shares are being offered in the United States and Canada by Morgan Stanley & Co. Incorporated, First Union Securities, Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated and BancBoston Robertson Stephens Inc. Internationally, the shares are being offered by Morgan Stanley & Co. International Limited, Merrill Lynch International and BancBoston Robertson Stephens International Ltd. The underwriters have been granted an option to purchase 450,000 shares to cover over-allotments, if any.

SanDisk intends to use the net proceeds from this offering to fund a technology development and silicon wafer foundry joint venture with Toshiba and to obtain additional silicon wafer foundry capacity. In addition, the Company may use a portion of the proceeds for working capital, general corporate purposes and to acquire complementary assets, technologies and businesses.

SanDisk designs, develops and markets flash memory storage products that are used in a wide variety of electronic systems. SanDisk's products are used in a number of rapidly growing consumer electronics applications, such as digital cameras, personal digital assistants, MP3 portable music players, digital video recorders and smart phones, as well as in industrial communications applications, such as communications routers and switches, wireless communications systems, point-of-sale terminals, transportation systems and medical instrumentation. SanDisk's products include removable CompactFlash cards, FlashDisk cards, MultiMediaCard products, embedded FlashDrives and FlashChipSet products.



To: A.J. Mullen who wrote (7952)11/4/1999 11:15:00 AM
From: Starlight  Read Replies (1) | Respond to of 60323
 
Here is the dictating machine of the future:

lanier.com

It uses CompactFlash. (This is an e.Digital design. Yesterday at their annual meeting we were told that this device has just been beta tested at Sharp Medical Center emergency rooms here in San Diego. The device was in use 24 hrs. a day and the doctors love it. It cuts down a lot of time in their patient history-taking/transcribing, and it helps hospitals to bill patients faster since their records are completed faster. With that in mind, you know it will be a "winner" with hospitals everywhere.)



To: A.J. Mullen who wrote (7952)11/5/1999 5:29:00 PM
From: limtex  Respond to of 60323
 
AJM -

Me no ...millions of other do use them.

MTV = kids = phones with MP3 plus new steroe earpieces. I'll bet they are being produced as we talk.

Best REgards,

L