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

To: Mike Winn who wrote (3123)	5/26/1998 3:50:00 PM
From: Jerome Wittamer	Read Replies (1) \| Respond to of 60323

They pay in JPY. But they also receive JPY for certain products. They try to match most of transactions but still not possible.

To: Mike Winn who wrote (3123)	5/26/1998 6:06:00 PM
From: limtex	Respond to of 60323

Mike - Acoording to the 10Q currrent payments to Mitsu or Matsu something who are the current suplliers until the UMC plant comes on stream are all in YEN. Some of the customers are in YEN too but those receivables/customers are presumably in Japan and the Japanese market has been down for over six months now and market itself hasn't been developed to anything like maturity yet and US should be big enough by itself to make a good business out of D-camera compact flash. IE what I'm saying is that payables are much bigger than receivables in YEN and you are right that should help provided sales prices aren't being whacked completely by competition. So assuming the entire Asian market doesn't give up on sales of CF then we could get some from Asia and some from the aenemic European economys and that with the US whose economy is presunably still intact should give us good revenue and earnings growth. Anyway the market is sending us a signal today that it really doesn't like technology or NASDAQ stocks. SNDK held at $17. For that we should be grateful....very grateful. BTW have you read throught the 10Q and do you have any views on whether toshiba pays us or royalties are treated as a wash between us? I can't make out what "cross licensing" arrangements means in $ terms. please see my next post on this subjuect. I have copied it straight form Yahoo and it looks like very good information. Regards, L