Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: Michael A. Gottesman who wrote (1926)	12/3/1997 4:58:00 PM
From: Tumbleweed	Respond to of 60323

re the Secondary; In spite of previous comments on this thread, it seems to me that if (aprox) 15% more shares were produced, then the price would drop about 15% to compensate. I know the theory about all the money that the shares generate compensates, but I dont buy that, And i dont think the market did either, at least not in the short term. If this was not the case, then what would be to stop companies just continuously issuing shares, since it wouldnt devalue the stock price, according to these theories. So I think all we have seen is the effect of the secondary, and if I am right, then 23 - 24 should be a new base from which we rise. If I am wrong, well it wont be the first time :-) Still long and think about buying more (those options sound attractive Colin and Ed) Joe C