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

To: Ausdauer who wrote (7956)	11/4/1999 8:14:00 AM
From: orkrious	Read Replies (1) \| Respond to of 60323

Aus, you have it backwards. The secondary is always priced at roughly the price the stock closed at the day before. The tanking because of the earthquake and the two week raw material set back was a gross overreaction. The people in the institutions who were panic selling in the 30s and 40s should lose their jobs. The stock was a bargain, and those in the know have quickly gotten us back to where we belong. As I said before, I think that the 10% dilution caused by this secondary will not be viewed as a problem by The Street. Jay