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Technology Stocks : WDC/Sandisk Corporation
WDC 162.40+2.9%Nov 17 3:59 PM EST

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To: JRI who wrote (11484)5/25/2000 4:14:00 PM
From: Bargain Hunter  Read Replies (2) of 60323
 
Also, who gets SNDK's investment banking biz...why are they touting more here?

SNDK management and investment bankers know full well that SEG has been selling big chunks of SNDK stock. It would be inappropriate and lawsuit-inducing to be touting the stock under these circumstances. If they say anything at all, you should not expect to see it until SEG has finished selling.

The timing of SEG selling at the same time that the market is weak is setting us up for what could prove to be another bargain entry point for SNDK. The problem is that the specific bargain price, as usual, will be obvious only with hindsight.
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