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


To: Si_Detective who wrote (10983)5/11/2000 5:29:00 PM
From: Jim Greif  Read Replies (3) | Respond to of 60323
 
Rocky and Thread,

I think this should clear up a bunch of confusion about what's been happening to the share price this week.

Any questions?

Jim

May 11, 2000 13:40

Seagate Tech Allots 250,000 SanDisk Shares For Sale (SNDK,
SEG)

(NewsTraders.com)--Seagate Technology (SEG) plans to sell 250,000 shares of SanDisk
Corp. (SNDK), according to a Form 144 released today by the SEC.

Seagate reported its intention to sell the shares, worth $22.8 million, on May 4, using Banc
of America Securities as broker.

There are currently 66.5 million SanDisk shares outstanding, according to the filing.

Both companies make data storage solutions; Seagate held a 6.14% SanDisk stake,
comprised of 4.1 million shares, according to SanDisk's most recent proxy statement,
released in April.

Of note, a Form 144 only shows a filer's intent to sell the shares. Actual verification of the
sales, if and when they occur, would be provided in a subsequent filing.

Copyright 2000 NewsTraders Inc. All Rights Reserved 13:43 Thursday, May 11, 2000



To: Si_Detective who wrote (10983)5/11/2000 11:51:00 PM
From: Gary Spiers  Read Replies (1) | Respond to of 60323
 
John,

I have been using pcmcia and (more recently) CF format storage devices in a variety of portable computing products for over 5 years. I have cards in a variety of sizes as well as a Western Digital Caviar 40MB Type III pcmcia hardrive (made in 93) that may be considered a forerunner of the IBM drive.

In this collection of portable storage media I have a particular 15MB flashram card that has been thoroughly abused. It has been squashed, partially bent, jammed in pockets etc. etc. The case is marked and scarred from abuse - the chips inside actually show as indentations in the case of the card yet the card still works reliably.

OTOH the Type III harddrive requires kid glove treatment to prevent disk errors and has had to be reformatted many times as parts of the disk become bad. To be honest I do not use it any more it has become so unreliable.

I have an unusual older laptop that has no internal harddrive but has 4 Type II pcmcia slots (or two type III slots), runs on four AA batteries and weighs 3lbs while having a full-size keyboard, VGA screen and MS Windows and Office in ROM. In this machine the WD drive eats the batteries for lunch - I have to plug it into AC to use the drive. In contrast if I populate the slots with flash memory cards I can get in excess of 8 hours operational use from a single set of batteries.

Finally my palmtop computer uses 2 AA batteries and has a pcmcia Type II slot that can use CF media via an adapter. Using flash memory in the slot I can get days of computing time ( I use the device a lot) however the IBM microdrive has two problems with this machine - the drive is too thick to fit in the slot and the slot does not supply enough power for the drive (comparison of specs).

From my perspective and needs there is no contest - flash is both more robust and less power hungry. Flash rules for portable devices :-)

GaryS