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


To: Chris Nevil who wrote (3023)5/20/1998 2:40:00 PM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
Dear Thread,

I am continuing my combing of the annual report. Three points which are notable include:

1) the fervent defense of intellectual property,
2) the statement that future revenue growth is more likely to reflect increases in licensing and royalties rather than product sales, and
3)As of March 2, 1998 there were only 251 shareholders of record.

Cautionary statements abound, but most seem self-evident.

The point which I found most peculiar is the relatively small number of investors which own stock. If you add up all of those who either contribute or lurk on this thread we probably have enough participation for an annual meeting.

I hope that we are investing in this company in its infancy. It will take time to mature. As others have mentioned, I hope this is the next Intel or Dell, but even less lofty aspirations will suffice.



To: Chris Nevil who wrote (3023)5/20/1998 4:29:00 PM
From: Jerome Wittamer  Read Replies (3) | Respond to of 60323
 
Chris, you're right I took the round trip from 11 to 40 and then back again, but I took great profits in the meantime. Notably thanks to options. It's only recently that I lost some money.

I agree with you that SNDK is not the only small-cap behaving like this. My other holdings boast pretty terrible performances.

How was Ms Cindy on the phone? My e-mails to them seems like junk-mail you never read and throw in the trash can. I would actively consider getting some legal advice if the company I am a shareholder of continues to show the same disdain. I would hate to do that but their behaviour is getting on my nerves. You can't be so arrogant if you pretend to be smart people. I must join the crowd here and agree that they should keep a company private if they want to manage it like a private company.

I don't know for the US but here in Europe minority shareholders begun to draw respect from the big ones 10 years ago. Still now minority shareholders are continuing their fight to be respected.