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

To: JesseK who wrote (11225)	5/19/2000 9:12:00 PM
From: Manx	Respond to of 60323

Thanx! eom. ManX

To: JesseK who wrote (11225)	5/20/2000 2:28:00 AM
From: Craig Freeman	Read Replies (2) \| Respond to of 60323

Jesse, good point about the SEG marketing agreement. The exact text is as follows: "The Company has a strategic relationship with Seagate. In January 1993, Seagate acquired a 25% ownership interest in the Company and entered into a joint cooperation agreement that provides for a strategic alliance between the parties. Seagate has the option to market the Company's products commencing in January 1999 and at that time may be established as a distributor for the Company's products. If the option is exercised, the Company and Seagate will coordinate their efforts so that up to one-third of the Company's worldwide net revenues from all flash products could be generated from sales of the Company's flash products through Seagate. The joint cooperation agreement also provides that each party will have the exclusive right to market to certain customers. The joint cooperation agreement will terminate if, among other things, Seagate's ownership interest in the Company falls below 10% or, on or after January 15, 2000, upon at least one year's advance written notice by the Company to Seagate. Seagate has the right to nominate one director to the Company's Board of Directors. Alan F. Shugart." freeedgar.com (page 8) Craig