Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Craig Freeman who wrote (5248)	4/5/1999 8:55:00 AM
From: Art Bechhoefer	Respond to of 60323

Craig, that's right, but what I wanted to emphasize in my comment was that ordinarily a person qualifies as a candidate for the board if the person can contribute something unique, such as expertise, financial or business contacts. Of course, there's a little clique that may prevent entry of outsiders (more likely in old fashioned companies like Kodak, and much less likely in newer, entrepreneurially oriented companies like SanDisk). The basic idea I wanted to set forth was that a poison pill clause doesn't necessarily mean a company is NOT acting in its shareholders' best interest. The extent to which a company does things, such as issuing more stock suddenly (thereby diluting earnings) or failing to tell shareholders about competing products that might adversely affect earnings, reveals more about management quality, and is more important for an investor considering buying or selling shares. So far, I'm not disappointed in SNDK. I am disappointed in the failure of Kodak to move aggressively into what appears to me to be the fastest growing sector of photography. Art