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Technology Stocks : WDC/Sandisk Corporation
WDC 179.56+0.7%9:30 AM EST

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To: Daniel Joo who wrote (11569)5/27/2000 8:01:00 PM
From: Ausdauer  Read Replies (3) of 60323
 
Daniel,

SEAGATE

Sorry for being repetitive.

Since April 11, 2000 they have filed to sell an additonal 1.0+ million shares bringing the total to 2.9+ million shares. Once they fall below about 3.3 million shares they no longer need to file with the SEC.

I predict you will see no more SEC filings.

We did something close to close to 18 to 20 million shares (yes, 18 to 20 million shares) this week if my memory serves me correctly. I think that says it all. Also, Merrill Lynch is saying "c'mon in, the water is fine..."

And at these prices you can't blame them.
(Hate to be short on Tuesday morning with Merrill Lynch, First Union, Value Line, etc... all offering favorable opinions.)

Ausdauer
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