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


To: Jerome Wittamer who wrote (2220)12/29/1997 12:37:00 PM
From: limtex  Read Replies (1) | Respond to of 60323
 
Correct there are restriction periods and results are due 16th Jan a short time after which these people could be free to sell again.

30,000 x (the diference of say a few $ to be expected after the release of results)= a few hundred thousand $.

Now are there other examples of someone want to give up this kind of money because they need cash to buy Christmas presents?

Being realistic in view of the counter move this morning this doesn't look like the harbinger of wonderful news. As someone pointed out on this thread a few weeks ago the price will stop going down as soon as there are more buyers than sellers and vice-versa.