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Technology Stocks : SmartDisk Corporation-(SMDK)
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To: Ausdauer who wrote (26)5/2/2000 10:50:00 AM
From: Sam  Read Replies (1) of 34
 
Aus,
Do you or anyone else know when the secondary is expected to be priced? At 2.2 million shares with about $61 million expected proceeds, one would expect it to go off at prices just below where it is right now (it is about 30 1/2 now). Of course, 4 million shares is a lot for this not so heavily traded stock to swallow. Is anyone bothered by the fact that the chairman and Toshiba are selling shares (though the chair's selling is a relatively small part of his holding)? Is anyone in touch with Merrill on this?
TIA,
Sam
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