Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Pam who wrote (35312)	2/16/2007 4:41:28 PM
From: Bridge Player	Read Replies (3) \| Respond to of 60323

Pam, SNDK closed regular trading at 4:00PM EST at 40.13, according to Yahoo. I will bet money that those option players who were short the Feb 40 puts and thought they had safely expired, will be in for a rude awakening on Tuesday. I know from sad experience that after hours trading on an expiration day DOES count. For Eli to announce such an action at 5 minutes after the close on an option expiration day, is IMO reprehensible. I would have thought better of the man. Disclosure: I am long SNDK but had written the April 40 call a couple of weeks ago.

To: Pam who wrote (35312)	2/16/2007 4:55:08 PM
From: Lantanadog	Respond to of 60323

MILPITAS, Calif., Feb 16, 2007 (BUSINESS WIRE) -- SanDisk(R) Corporation (NASDAQ:SNDK), the world's largest supplier of flash storage card products, today announced cost cutting measures. Even without the decline in NAND ASP, a reduction of force was a necessary evil to merge overlapping positions/product lines. The thing I don't get is why announce it and then say it won't happen until early March? I can't imagine that it will do much for productivity during the next 2-3 weeks.