https://www.gurufocus.com/news/2909046/sandisk-corp-sndk-announces-secondary-public-offering-of-17-million-shares-sndk-stock-news
4 replies (most recent on top)
WD+SNDK was valued at $18B before split. Now WD by itself worth $20B and SNDK worth $7B. That sort of tells you everything. Disk was paying to keep SNDK relevant.
in with bank, out with a whimper about sums up the journey of flash and hdd
I was at Sandisk, then at WD when acquired...then left, working for a defense contractor, my wages have doubled since I left.
FLASH was fun for a while, but I felt I was not contributing so I l left.
Look at last quarter’s results
They need to raise money so they can burn more.
So glad I am not on the flash side. We had to pay to make them leave….much like a prost---te