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


To: Ausdauer who wrote (11556)5/27/2000 9:13:00 AM
From: SBHX  Read Replies (2) | Respond to of 60323
 
SEG's the bad guy here, here's the trail of bread crumbs.


16-May-00 260,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $17,940,000.
5-May-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $45,000,000.
4-May-00 250,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $22,750,000.
28-Feb-00 365,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $31,390,000.
25-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $4,150,000.
23-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $3,750,000.
14-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $73,000,000.
14-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $76,500,000.
9-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $7,300,000.
4-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $67,500,000.
2-Feb-00 500,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $67,500,000.
1-Nov-99 1,000,000 SNDK Proposed Sale (Form 144) of Restricted Shares.Estimated proceeds of $62,000,000.


Glad it's almost over though. When SEG made clear their intentions, more astute shareholders would have stepped aside and not put up with this. There's a lesson in this. In the future, I'll keep my eyes open for any upcoming potential large proposed selling in any stock I buy, and wait till it's over.