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

To: Dave who wrote (27348)	1/27/2005 9:15:18 PM
From: broozer	Read Replies (2) \| Respond to of 60323

They talked about the "loss on investment in foundries" on the CC. That is the investment in Tower Semi that they wrote down to approximate the value of Tower. My guess is they timed this writedown to occur coincident with the blowout quarter.....kind of gets lost in the excitement. The $6M gain labeled "recovery on unauthorized sale of UMC shares" was a settlement they received from the brokerage firm that allowed the unauthorized sale. The $1.8 "other loss" is the amount of the bond issuance costs that were capitalized that hadn't yet been amortized. The recognized this b/c they called the convertible debt this quarter. Best, Broozer