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

To: Ausdauer who wrote (11514)	5/26/2000 1:05:00 PM
From: Greg h2o	Read Replies (1) \| Respond to of 60323

<<I find their silence to be criminal and reprehensible.>> aus, i really don't think it's either.... clearly, it's not criminal and no case can be made for such. reprehensible is in the eyes of the beholder. i can understand your feelings, but imo the company didn't come out and state they felt the stock was overvalued at $190, why should they come out and state it's undervalued at $47? the market realizes that SEG was selling. SNDK making that statement won't change that fact. why should they comment on a company making an investment decision? now, keep in mind, this is coming from a person whose belief is a company should NEVER make comments about their own stock prices, but should allow the market forces to dictate the price.

To: Ausdauer who wrote (11514)	5/26/2000 1:16:00 PM
From: The Prophet	Read Replies (1) \| Respond to of 60323

Maybe, Aus, management sees no value in pumping up the price while SEG is still selling. Maybe, once all of SEG's shares have been blown out, SNDK will begin buying a few back at a discount with their $500 million in cash.

To: Ausdauer who wrote (11514)	5/26/2000 1:21:00 PM
From: Steve 667	Respond to of 60323

" <<And, yes, I believe its is management's responsibility to the shareholders to issue forth a statement like this. If, in fact, SanDisk has spoken to and reassured institutional investors this week without issuing a formal press release of the nature of those discussions I find their silence to be criminal and reprehensible.>> Aus, I don't agree with you on this one at all. This is a free market, and management's job is to do a good job, be honest and forthright with the job they are doing. It is not their job to make statements purely to influence the price of their stock!!!!! And that is just what you want them to do. You know better and I think you are just frustrated. Besides, just leave it alone, and with any luck we will be able to pick this puppy up at only $8 a share! Shareholders have not lost any money unless and until they sell. I still have my shares that I had at $167 and can't wait to get more at 8. Management, keep your mouth shut! Steve 667

To: Ausdauer who wrote (11514)	5/26/2000 1:46:00 PM
From: Paul Senior	Read Replies (1) \| Respond to of 60323

Aus. You should take flack for that post. imo -g- You are an attorney or qualified in some way to hold such an opinion regarding possibly branding SNDK's management as "criminal"?? "They hurt many new investors this week"? Where are facts to support this? I too believe you perform yeoman work in supporting SNDK -the stock and the company. And your reports/analyses/contextual evaluations/product evaluations are greatly appreciated here by me too. Very helpful. When you step into the arena where you caretake the "small investor" though, I believe you are less successful. Paul Senior

To: Ausdauer who wrote (11514)	5/26/2000 6:59:00 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 60323

Aus, I'll repeat what I said before, unless you wanted management to come up with a press release when the price of the stock vaulted above $140 saying: "Management believes that current price of the stock fairly reflects our expected growth over the next six to eight years", of course, it could be in the style of Warren Buffet stating (paraphrasing) "the current price of our stock is out of whack with reality" (he said that while issuing the BRK B to the public). Look, if Eli would have said what you asked when the stock was $90, today he might be facing law suits from disgruntled share holders holding positions worth only half as much. There are plenty of ambulance chasers out there combing unusual declines of stock and all the statement made by management prior to those declines to find something they can hang them with. I think that shareholders should stop putting pressure (as subtle as this thread might be) on management to come up with press releases when the stock is still selling at 40 to 50 times the current FY earnings. VSH with a proven track record of rapid growth over a number of years is selling at about 15 times the current FY expected results, and has declined from a recent high much faster than SNDK. Personally, I do not laud the chairman comments, but at least there is more visibility there then here. Just my opinion, of course. Zeev PS, By the way, I like VSH very much, so much that I bought back in today.