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To: William Wang who wrote (3209)	5/18/1998 9:47:00 PM
From: CPAMarty	Read Replies (2) \| Respond to of 5058

"We will sell them all our technology and our components," said Bob Scranton, vice president of technology at IBM SSD. "What they buy is up to WD. We at IBM have found that having hot heads gives you varying capacity, depending on media and electronics. We will give WD the information we have at hand, and, if necessary, we will sell them components that will help them." You can reach this article directly here: techweb.com I am not an attorney, however it seem to me that forcing WDC to buy any component, even one that goes in a IBM designed drive, might be a violation of anti-trust laws. This means, that RDRT's GMR can compete with IBM's. There was good news, and not so good news in a latter paragraph in this article; "It is our intent to remain independent," Haggerty said. "The only thing we don't have is head capability, and now we have a dependable outside supplier." I hope this last sentence was taken out of context. Maybe today was national bash RDRT day

To: William Wang who wrote (3209)	5/18/1998 10:42:00 PM
From: Dennis R. Duke	Respond to of 5058

See the data provided in the middle column of the URL below: biz.yahoo.com I even said that the above was the source and when it was updated when I wrote what I posted before. I'll re-check your figures. Dennis

To: William Wang who wrote (3209)	5/18/1998 11:03:00 PM
From: Dennis R. Duke	Read Replies (1) \| Respond to of 5058

I agree with your calculations except cash per share. It could also be that cash should include short term investments which would change the calculation as follows: Cash $104,979, plus Short Term Investments $64,370 divided by 395, 066 equals $3.5045216 cash or near cash per share. Would you agree that the down side is NBV per share of $8.18. Anything near that and I probably will liquidate my other positions to buy in. This Goose is over cooked in my opinion, Dennis OT P.S. sure would like to know were Yahoo got its data. Must not be that good a Internet Portal!!! Go SEEK!!!