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Technology Stocks : WDC/Sandisk Corporation
WDC 202.39-7.8%2:42 PM EST

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To: quidditch who wrote (9354)2/27/2000 10:27:00 PM
From: Ausdauer   of 60323
 
SanDisk holding up despite planned Seagate sell off.

Seagate Tech Files To Sell 1M SanDisk Shares

WASHINGTON -- Seagate Technology Inc. (SEG), a SanDisk Corp. (SNDK) shareholder, filed to sell 1 million shares of SanDisk common stock, according to a Form 144 released Thursday by the Securities and Exchange Commission. A Form 144 indicates an intention to sell restricted stock and opens the door for an individual to sell the shares, but doesn't indicate that the actual sale of the shares will occur or has occurred. Seagate intended to sell the shares on the Nasdaq Stock Market between Feb. 14 and Feb. 17 through Banc of America Securities, according to the SEC filing.

Ausdauer
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