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

To: jkb who wrote (2241)	12/29/1997 10:31:00 PM
From: limtex	Read Replies (2) \| Respond to of 60323

Jay - Anyone know how many shares have changed hands over say the last thirty days? Given that insiders own say 23% approx and SEA owns 23% approx. plus the new shareholders from the secondary. How many shares in the float? I actually don't think anything has gone wrong with the company. Don't forget that they only finished a secondary about thirty days ago and it seems unlikely that something could go so wrong as to almost halve the company's value in that time that was completely unknown at the time the new shareholders bought their shares with brokers like the company had. If that were the case there would be a huge lawsuit. No I think it's more likely that some bears have latched on to the stock and are having a feeding frenzy. I say more likely but I wonder what others think? Just out of interest is it possible that some of the new institutional shareholders have been dressing up their performances by a little short selling since they were looking at a 30% loss in as many days do you think they might be trying to mitigate those losses. The thread is also very quiet compared to what it has been. Michael for one, hasn't been on and he was delegated to correspond with the Company. Many people still away but it would be interesting if we could find out how many shares have been traded as I have mentioned. Do you happen to know where we can get volumes for the last thirty days?