WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 166.10

-2.3%

Nov 12 3:59 PM EST

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To: Starlight who wrote (9619)	3/13/2000 10:39:00 PM
From: Craig Freeman	Read Replies (2) of 60323

Elizabeth, many thanks for the empathy. Don't get much of that on SI. I hope that you live long and make it through life without any root canals. Ow! It's mighty tough to calculate the value of SEG's ownership in other companies. If (IF?) the latest SNDK news is that SEG sold 1M shares and drove the price down from $170 to $125, what do you think would happen if they dumped their whole load? I hate to repeat myself but a few decades back So. Pacific Railroad was carrying 10,000 lots of California property on their books for just $10,000 and nobody cared. Only after they started putting up shopping centers on their holdings did anyone notice. It's clear that if you own a whole lot of something, you can trade it or merge it but you dare not sell it. As soon as SEG builds a shopping center on their SNDK holdings .... :-) Craig

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