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Technology Stocks : WDC/Sandisk Corporation
WDC 140.23-8.9%Nov 20 3:59 PM EST

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To: Art Bechhoefer who wrote (15178)9/29/2000 12:14:52 PM
From: Marc Schiler  Read Replies (2) of 60323
 
Art,

Your description of the reasons for insider selling of stock bought through options is exactly correct. What is beginning to concern me is the fact that insiders are selling stock which was not purchased through options. If you look at the yahoo link that John posted (15174, thanks John) you see that recent sales are not options, but regular positions.

What am I missing? I've held SNDK about as long as Ausdauer and got caught by buying more at 122. I'm frustrated that at such good PE's and excellent market position and fundamentals, insiders are selling non-option positions. Am I reading the insider trading incorrectly? I'd be happy for a good explanation.

Regards,

Marc
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