WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 181.08

+3.5%

Dec 19 9:30 AM EST

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To: Starlight who wrote (16157)	10/27/2000 6:14:00 PM
From: Binx Bolling	Read Replies (1) of 60323

Fidelity and Vinik also faced lawsuits for price manipulation after he made comments to U.S. News & World Report praising Micron Technology Inc. while the fund was selling the semiconductor company's shares. Fidelity paid $10 million to settle the class- action lawsuit. The bad press didn't hurt him in raising money for his new fund. Within five months of leaving Fidelity, he'd raised $800 million, making him one of the largest hedge funds at that time. quote.bloomberg.com Elizabeth, thanks for providing that Link! I for one, would like to know how much of those funds came from Fidelity employees? Yes, Vinik was a BIG holder of SNDK on separate occasions, if my recollection serves me correctly.

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