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

To: Bruno Cipolla who wrote (1138)	10/29/1997 2:29:00 PM
From: Mike Winn	Read Replies (1) \| Respond to of 60323

It must be one of the future underwriters, Morgan Stanley, Goldman Sach or Robbie Stephens. They are all heavy weight financial bankers. Sandisk is probably not too happy about the current stock price to go on a secondary, therefore the upgrade is necessary. Just if the CEO has kept his mouth taped ... 15 buck per share lost and 3 million shares, that translates into 45 million lost, much more than Sandisk's revenue in one quarter (36 million) !!!! This is free money, Mr CEO!