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

To: Ausdauer who wrote (7967)	11/4/1999 12:39:00 PM
From: NotNeiderhoffer	Read Replies (2) \| Respond to of 60323

Aus, Sure Eli did most of the talking. I thought there would of been of few more bodies there but it is a busy week here with earnings still dribbling out and a few conferences going on around town. There were probably 40-50 people at the lunch with maybe 20% of them bankers or company officials. There were a few empty seats. Lunch was some sort of fish that I could not identify. Some sort of white fish in a cream sauce. As far as oversubscribed, yes it just means that orders were in excess of the deal size. I have been talking a I-bank that was not the lead banker so details are a little sketchy. Morgan Stanley ran the books. The deal was filed for 3 million shares with an overallotment of 450,000 shares. But they priced 4.5 million shares as demand was strong. I am assuming all the stock was sold by the company but need to double check that. I don't know the story that well but will do some work on it. Keep the thread on topic and working hard! NotopposedtoseafoodbutwashopingforchickenonmondayNeiderhoffer