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Technology Stocks : WDC/Sandisk Corporation
WDC 157.75+0.4%Nov 14 9:30 AM EST

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To: Bargain Hunter who wrote (3112)5/24/1998 6:47:00 PM
From: Ausdauer  Read Replies (1) of 60323
 
If you start looking at some of the activity in this stock you will see...

...this week alone 2,053,000 shares were traded. That is about 8% of the entire issue. If you factor in Seagate's interest, insider ownership, and institutional holdings it appears as if a huge portion of the circulating shares changed hands the past few days. IBD lists the float to be 6.6 million shares. Hopefully some of them have a long-term perspective on this stock and are willing to stick it out.

I hold the same opinion as several others on this thread. Several up days in a row and I add to my position.

Ausdauer
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