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


To: Craig Freeman who wrote (7897)10/29/1999 9:00:00 PM
From: orkrious  Read Replies (1) | Respond to of 60323
 
This is not an IPO where you have pent-up demand exceeding supply. This is a secondary offering and secondaries often crash after they are completed.

It is reasonable to assume that everyone knew the secondary was coming. Consequently, based on today's action, I suspect that everyone views this stock as a bargain and a 10% secondary won't be noticed by anyone. I guess time will tell.

Jay