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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: SBHX who wrote (6666)	8/19/1999 2:15:00 AM
From: Craig Freeman	Read Replies (1) \| Respond to of 60323

Scared, re: "the 'official' float of 16M". If you subtract institutional holdings (56.7%), the retail float is less than 1M shares. insidertrader.com When I posted this link previously, a few here questioned its accuracy (myself included) but to date no one has come up with any evidence to the contrary. Using Edgar and other public sources, I was able to account for ~86% of SNDK's shares as follows: Insiders: 40.1% Seagate 22.5% Fidelity: 11.0% Denver Invest: 6.2% Dimension Fund: 6.3% It's entirely reasonable that all other institutions together account for another 10%. Which means that if a relatively small group of guys got together for lunch, they could easily set the price on this stock. The only saving grace is that it's probably in their interest to see SNDK stay at as high a price as possible. Craig