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


To: The Prophet who wrote (12860)7/13/2000 11:17:50 AM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
The SanDisk Paradox is solved.

Seagate likely sold on every good news item they could, whether it be a favorable earnings report, the Lexar Media victory, the finalization of the JV, the Palm announcement or one of Eli's CNBC appearances.

These were all selling opportunities for SEG.

Wouldn't they have done better by seeking investors for SNDK shares and avoiding the depression in the stock price by selling on the open market? I am sure they could have talked Kodak, Toshiba, and many other interested parties into investing in SanDisk. Where is the interest in SEG shareholders in the tactics that SEG adopted to liquidate the SanDisk shares?

Hell, I would take a couple million shares of SNDK at $40.00 a piece at the drop of a hat.

Ausdauer