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Technology Stocks : WDC/Sandisk Corporation
WDC 181.54+1.1%Dec 26 9:30 AM EST

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To: Ausdauer who wrote (12877)7/13/2000 12:56:24 PM
From: Steve Lee  Read Replies (1) of 60323
 
>>If my math is correct, 4 - 2.5 = 1.5 million shares left assuming there have been no further sales since June 9, 2000

Both the math and the dates are not necessarily correct.

a) The 2,475,000 (your 2.5) were sold sometime before 6/30, not 6/9

b) Some of those 2,475,000 may have been sold before the April SEC filing showing 4 million. (i.e. anytime after 3/29). So you can't confidently subtract them from the 4 million to get your 1.5 million. Nearly 3.3 million shares traded in the last 2 days of March, and the stock fell $17 on the first trading day of April.

I suspect today's SEG release is designed to mislead.
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