WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 174.35

+2.8%

11:48 AM EST

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To: Jerome Wittamer who wrote (3157)	6/2/1998 6:14:00 PM
From: limtex	Read Replies (1) of 60323

Jerome Aus and Michael - Could we start with an analysis of exactly how many shares have traded hands since the stock was at mid $20s. I know that I've been harping on about it for some time but I wonder whether the funds that bought the secondary have cut their losses and bailed out? A discussion around these two aspects might throw some light on this mess. I also repeat my concern that if this company were going great the stock would not have fallen to 50 % of the secondary value. It fell again today when the NASDAQ rallied and rallied quite well. This kind of behaviour for a stock just 5 weeks away from the announcement of its earnings is not good. When do the insiders have to stop selling if the results are announced on the 15th July? The answer to this question might also be illuminating. My worst fears are daily being realized with this stock and please also look at the post on Yahoo SNDK by someone who calls himself myfinancialadvisor. He sums it up for me in that I just can't face the reality that this is a disaster getting worse by the day.

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