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


To: orkrious who wrote (13811)8/10/2000 2:55:43 PM
From: limtex  Read Replies (1) | Respond to of 60323
 
JD - FMR Corp cut its stake in Sandisk to 2.3% from 7.9% percent in the second quarter

Not sure that it does. I mean 2nd qtr doesn't that end in 30 Jun? This is now 10 Aug.

I woldn't think very much of FMR if tehy were selling now at this level. I mean unless someone knows more than the collective knowledge of this thread, which my guess is better than any analsyt, then the last thing a professional would do is to get out now with the head of steam that is building up behind SNDK.

In the 2nd qtr ie up to 30th June might have made sense since the stock was over $100 at times...but now?

So I'm not sure what it explains. SEA maybe.
Best regards,

L