WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 221.51

-0.3%

Jan 16 9:30 AM EST

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To: Art Bechhoefer who wrote (24286)	12/16/2003 10:49:40 AM
From: limtex	Read Replies (1) of 60323

AB - Down nearly $10 in 24 hours. This is some concereted attempt if it is. The massive selling form last week is continuing in full force today after a brief hiatus. Nearly 5m shares in just over an hour seems to me to break all the other records. If there is a concerted effort it might be for the $50 calls. This is all the more interesting since the Com=pany has already said the the numbers are better than expected. This kind of thing doesn't ususally happen to companies in this position. At this stage after now nearly seven or eight days of these incredible losses and volumes one has to wonder what is going on? The only thing that occurs to me is that the secondary was at $65 and the stock then went to $86. Someone posted ehre that most of the buyers of the secondary got out at higher prices than $65. That sort of leaves me wondering a little about that. Whatever this morning and last week are days we will remember. Best, L

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