Is SanDisk (SNDK) considering going private?
A columnist in the Israeli business newspaper Globes speculates today that the recent announcement that chairman and CEO Eli Harari plans to retire at the of the the year is a signal that the company plans to do just that.
“At SanDisk, they apparently already know that the frustrating gap between SanDisk’s market valuation and its results, huge future demand for its products, and technological developments that it is working on, will only widen with time, and frustrate investors, employees, and management,” he writes.
He’s just guessing here of course; so caveat emptor.
SNDK today is off 28 cents, or 0.7%, to $38.63.
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