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


To: Jerome Wittamer who wrote (3442)7/2/1998 8:39:00 AM
From: Jerome Wittamer  Read Replies (1) | Respond to of 60323
 
My post showed a little anger didn't it?

The thing is, together with Rex, I share responsibility in believing in this company and its growth prospects and then presenting it to the SI community.

We did underline the risks but thought de bona fide that we would not encounter such blatant stock manipulation and management tactics.

I am very disappointed by such behaviour.

I would not have any problem admitting that I did wrong analysing the fundamentals but the thing is I don't think I did, did I?

Given the fact and circumstances I do think that adequate actions should be taken. What has been happening since June 1st (at least) can not be considered acceptable (I am not only taking about the stock price).

Thanks to all for sharing your opinions,

Jerome

Now Steven (and all), remember I compared SMOD to SNDK, SMOD is now subject of a class action lawsuit and believe me what happened to SMOD is nothing compared to what happened at SNDK
here's the link :
biz.yahoo.com



To: Jerome Wittamer who wrote (3442)7/2/1998 2:30:00 PM
From: Ausdauer  Read Replies (2) | Respond to of 60323
 
Jerome,

You are one of the individuals who got me most interested in SanDisk and now you are bashing it.

I thought insider holdings is one indication of management's commitment to growing the company. Would you rather that the Officers own 5% of the total issue, magically levitate the stock for two days with a few press releases, trade in off-shore accounts and get one "shill" to take a dive in front of all the individual investors?

When the stock dove last year so did Eli's net worth. By the way, how many shares did he sell above $40.00? Above $30.00?

I will acknowledge that I may be the most naive persons on the thread regarding much of the behind the scenes activity on Wall Street. But how does one invest when there is such an undertow of suspicion? Why would one invest at all?

Ausdauer