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

To: Ausdauer who wrote (10000)	4/1/2000 4:14:00 PM
From: Binx Bolling	Respond to of 60323

"SANDISK. During 1999 we entered into a co-development agreement with SanDisk, a leading developer and marketer of flash memory storage products, including CompactFlash and the MultiMediaCard. We issued 37, 500 shares of our common stock to SanDisk in exchange for a license to utilize certain patented technology developed by Sandisk. Under the agreement, we jointly developed a FlashPath product to support the SanDisk MultiMediaCard. We funded the development costs and we will be entitled to revenues derived from the sale of our FlashPath for the MultiMediaCard. We will pay SanDisk a royalty based on the portion of those revenues derived from sales other than to SanDisk. " 3/30/00 - Management`s Discussions: 10-K, SMARTDISK CORP 2 of 5