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Technology Stocks : WDC/Sandisk Corporation
WDC 153.96+0.7%Nov 19 3:59 PM EST

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To: George McMeen who wrote (1896)12/2/1997 5:27:00 PM
From: Mike Winn  Read Replies (1) of 60323
 
It seems like those shares sold to the institutions at $28 are not reflected in the daily volume. I don't think I see enough volume above $28 to account for 3M shares. I don't understand the institutions either. Why can't they buy on the open market now at a lower price than the secondary? Is this the reason why investment in mutual funds produce such lousy return?
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