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


To: limtex who wrote (6773)8/26/1999 9:44:00 PM
From: Sam  Read Replies (2) | Respond to of 60323
 
Aside from the obvious fact that we've come a long way in a short time, today's loss has as much to do with the secondary as anything else, I would guess. When news of the secondary came out, the stock was around $88 or so, if I recall correctly. At any rate, I remember thinking that it would plausibly go off somewhere in the 80-85 range. I still think that that is plausible. It doesn't usually go off at the absolute high, the sales guys pitching the stock want to give their buyers some hope of appreciation. Indeed, the move into the 90s may have been in part painting the tape so that an offering in the low 80s would be more palatable to the wealthy people and funds who will have to buy it.

Has anyone heard when the secondary will take place? I don't look for moves of more than 10% from where we're at until it takes place (not that I've been particularly prescient about this stock over the past few months!).



To: limtex who wrote (6773)8/26/1999 10:27:00 PM
From: Starlight  Read Replies (1) | Respond to of 60323
 
I've mentioned this before, I believe, but for those of you who aren't familiar with a tiny company called e.Digital, they are working with SNDK, LU, TXN and others on designing a music recorder that would use LU's compression codec - EPAC - and would be compatible with a number of other codecs. They are also involved with a company called Celestial Technology that has software for cataloging music on your hard drive. You'd keep your music on your hard drive and download what you want to take with you onto your mini-player. This seems a simple solution for storing your music and taking just what you want to hear with you. I don't see a problem with re-using a flash card over and over as long as you can exchange the music on it and put it back onto the hard drive.