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Technology Stocks : Seagate Technology - Fundamentals
STX 281.28-1.7%Dec 29 3:59 PM EST
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To: Robert Douglas who wrote (1856)5/27/2000 10:08:00 AM
From: Struggling Investor  Read Replies (1) of 1989
 
From the SNDK board:

SEG's the bad guy here, here's the trail of bread crumbs.

16-May-00 260,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $17,940,000.
5-May-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $45,000,000.
4-May-00 250,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $22,750,000.
28-Feb-00 365,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $31,390,000.
25-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $4,150,000.
23-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $3,750,000.
14-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $73,000,000.
14-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $76,500,000.
9-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $7,300,000.
4-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $67,500,000.
2-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $67,500,000.
1-Nov-99 1,000,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $62,000,000.

I would like to know where this cash is going.
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