WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 155.45

+3.0%

Nov 25 3:59 PM EST

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To: ralessipvh who wrote (14962)	9/23/2000 1:59:34 PM
From: orkrious	Read Replies (2) of 60323

Rick, IMHO there is an institution bailing. Someone was sitting on the offer all day yesterday on Instinet. They had an inexhaustible supply. When the market was rallying the last hour, they just sat there at 73 5/8 for the entire 60 minutes, filling everyone who hit them. [EDIT] They must have sold 200,000 shares. When they are done (hopefully yesterday) and as we move closer to earnings and another huge upside surprise, we should move markedly higher. I for one am going to suggest to IR that Eli begin his CC remarks the way he ended them last Q, talking about how analysts don't understand what they sell, only a couple of other companies make their highest density flash, and there is no way supply will catch up with demand for years. Jay

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