SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?


To: Verkaylac who wrote (1889)12/2/1997 1:12:00 PM
From: Michael A. Gottesman  Read Replies (2) | Respond to of 60323
 
To All on this thread you'll be happy to hear that I received the following response to my e-mail inquiry of Sandisk Investor relations department:

"Yes, the secondary offering is completed.

Regards,
Sharon Spehar"

So at least we know that the sale of the secondary is not what is dragging the stock down at this point. Perhaps the Western Digital earnings announcement is affecting SNDK since Seagate (another hard drive manufacturer)is a major shareholder in SNDK.

Mike G.