WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 140.23

-8.9%

3:59 PM EST

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To: Mike Winn who wrote (1897)	12/2/1997 6:04:00 PM
From: limtex	Read Replies (1) of 60323

In view of todays action is it reasonable now to start to make a comparison with CAMP and therefore the next level as there is no practical support of this stock is $15. Why did the institutions sell the stock at the price that they did??? Is it and was it not clear that this stock had very little support and that competitive industry details were or should have been well known to management and the institutions at the time of the sale. It simply beggars belief that $90 million of public money can be sold in a relatively good market to produce a loss of nearly 20% in a few days. Should not the public have been asked to pay with reason even 90% of the then price or what is the point of all this advice. Are we not entitled to believe that the names involved are encouragement to the market to believe that prices are reasonable and reasonably stable.

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