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

To: Sam who wrote (12906)	7/14/2000 9:38:16 AM
From: Ausdauer	Respond to of 60323

Sam, if the math is corrected for the inadvertent doubling of shares in the March quarter... ...SEG got about $75.00 per share (adjusted for the split), or twice what I originally calculated ($38.00). Recall that SNDK shot up to $140.00 late January after the Q1 results and split announcement. That corresponds to about $70.00/share post-split. I suspect Seagate unloaded a bunch of shares at that time as it was already more than double the secondary offering price of $68.00 pre-split. THE BOTTOM LINE IS THAT SEAGATE OWNS ONLY 1,607,748 SanDisk SHARES AND CANNOT INDEPENDENTLY WRECK OUR TECHNICALS ANYMORE. As far as I am concerned the information released in the SEC filing yesterday and corroborated in the Seagate c.c. is very reassuring. Ausdauer

To: Sam who wrote (12906)	7/14/2000 10:07:11 AM
From: luther yow	Read Replies (1) \| Respond to of 60323

What ever the math. INCA is selling into the stock as always. Looks like they are going to sell the 1.6M TODAY or as soon as some one will buy it. Hang in there all. Luther