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


To: Bargain Hunter who wrote (12926)7/14/2000 6:31:11 PM
From: TREND1  Respond to of 60323
 
eom



To: Bargain Hunter who wrote (12926)7/15/2000 7:35:53 AM
From: limtex  Respond to of 60323
 
SNDK institutional shareholders
this qtr last qtr 2qtr ago 3 qtr/a
Inst Owned: 64.7% 60.0% 46.6% 44.3%
Shrs Bought: 9,646,573 17,759,850 7,298,008
Shrs Sold: 6,488,981 8,860,910 5,789,000
Net Bought(Sold) 3,157,592 8,898,940 1,509,008
# Inst Owning: 167 134 91 62
# Buyers: 109 94 55
# Seller: 65 36 37
Net Buyers(Sellers):44 58 18

I/m not sure what having a big increase in the % age owned by institutions means but I think can't be bad!

Best regards,

L



To: Bargain Hunter who wrote (12926)7/15/2000 5:19:08 PM
From: Art Bechhoefer  Read Replies (2) | Respond to of 60323
 
"I believe SEG's wholesale dumping had a significant psychological effect and, in this market, psychology counts for a lot."

Exactly. The key is WHEN the investing public knew that Seagate was selling, and HOW MUCH they were selling. The realization they were liquidating their holdings to facilitate a leveraged buyout led to the perception that there would be not only a glut of shares on the market but also created a question of whether owning SNDK was a good investment.

Art