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Technology Stocks : WDC/Sandisk Corporation
WDC 181.54+1.1%Dec 26 9:30 AM EST

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To: Mike Winn who wrote (2141)12/16/1997 5:52:00 PM
From: JJB  Read Replies (1) of 60323
 
Interesting that your numbers show institutional at 33.1%.
Using latest info
biz.yahoo.com
Indicates a 22.1 million share outstanding with 6 million float (this would mesh with 50% insider and 25% SEG).
Assume this to be incorrect and not include 3 million share secondary (or maybe the shares weren't placed?).
25.1 and 9 million float. 33.1% 25.1(outstanding) = 8.3 million shares
Reported November short position 326,065 viwes.com
The less than 1 million shares (short & non-institutional shares) doesn't come close to supporting the daily trading volume.

Anyone help me out here?

jjb
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