WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 181.18

+3.5%

3:59 PM EST

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To: jkb who wrote (4395)	1/20/1999 10:54:00 PM
From: Ausdauer	Read Replies (1) of 60323

Regarding Insider Transactions: I have tracked these very closely since September and, surprisingly, very little in the way of insider buys (last being Mr. Rizzo last Summer) and occasional sells. Eli Harari and several other officers sell a volume of stock each quarter, usually between 10,000 and 40,000, but this activity ceased as the stock became undervalued. Some consider these transactions pocket change to support living expenses in the Valley. Some officers have already registered with intent to sell, but are holding. As I understand it, that indicates they will hold these shares and sell only when more favorable tax treatment and stock appreciation occur. That is to say, it contrasts with the usual SEC filings of intent to sell followed by the immediate execution of the transaction at market price. I cannot understand why there was no insider interest when we sank into the low teens and single digits. Perhaps because insider ownership is already substantial. Ausdauer

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