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


To: orkrious who wrote (13867)8/12/2000 9:21:33 PM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
Jay,

If my memory serves me correctly I believe that FMR (Fidelity) had something like 5 or 6 million shares pre-split (and possibly 10 to 12 million shares post-split???). The fact that they are down to 1.5 million shares or so indicates SEG was not alone in the recent sell-off.

They have owned SNDK for several years and it looks like the time was right for some profit taking.

Ausdauer