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


To: Sam who wrote (19876)3/30/2001 4:16:37 PM
From: Art Bechhoefer  Read Replies (1) | Respond to of 60323
 
Sam, on a different topic, look at Lexar. Very high volume today, including several block trades of the order of 75,000 shares. Sounds to me as if the waiting period for selling shares has now expired, and some of the management appears to be unloading. As long as Lexar continues selling its version of CF cards, based on the SanDisk '987 patent, SNDK will now be receiving at least some royalty payments. This will benefit SNDK as long as Lexar doesn't go broke. LEXR shares are currently about $1.38 on volume almost 50% higher than average.

Art