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

To: ED PLOPA who wrote (1348)	11/5/1997 10:56:00 PM
From: Rex Dwyer	Respond to of 60323

* My Discussions with Management * I talked to Eli Harari (CEO) and Cindy Burgdorf (CFO). Eli is a genuinely nice guy. He personally showed me his MMC and associated connector. The connector that houses the MMC is only $0.50. Q: Will you license the technology for the MMC? A: Of course, it is needed to allow the market to accept the format as a standard. This makes a whole lot of sense. As ED has posted before, those companies that have announced support would need immediate capacity that SanDisk doesn't have themselves. Cindy is also very nice personally. Q: How many shares will there be after the 3,000,000 share offering? I have been trying to resolve the number of shares outstanding. Are there any insiders selling? Is SEG selling? It seems you have a lot of cash already. What will you do with it? A: All of the shares to be sold are new shares. They are being sold by the company for capital. The shares outstanding reported in earnings releases is a weighted average which includes options, etc. She couldn't give me any details or future financial details since they are in a filing period. But it seemed to me that they knew what they are doing. We can probably speculate here on this thread what will happen with the money. (Read: more capacity). Rex