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


To: jkb who wrote (4395)1/20/1999 9:56:00 PM
From: Alan Lynch  Respond to of 60323
 
New Patent.
PATENT No: 5862080 ISSUE DATE: Jan-19-1999  
Multi-state flash EEprom system with defect handling
ABSTRACT:
A system of Flash EEprom memory chips with controlling circuits serves as non-volatile memory such as that provided by magnetic disk drives. Improvements include selective multiple sector erase, in which any combinations of Flash sectors may be erased together. Selective sectors among the selected combination may also be de-selected during the erase operation. Another improvement is the ability to remap and replace defective cells with substitute cells. The remapping is performed automatically as soon as a defective cell is detected. When the number of defects in a Flash sector becomes large, the whole sector is remapped. Yet another improvement is the use of a write cache to reduce the number of writes to the Flash EEprom memory, thereby minimizing the stress to the device from undergoing too many write/erase cycling.
Source: Company Sleuth

There has been little insider trading. Marianne Jackson (Officer) most recently filed a 144 for 12,499 last Nov. 27th. Prior to this filing there had not been any selling of significance going back to July 24, 1998.
Hope this helps.
Regards,



To: jkb who wrote (4395)1/20/1999 10:54:00 PM
From: Ausdauer  Read Replies (1) | Respond to of 60323
 
Regarding Insider Transactions:

I have tracked these very closely since September and, surprisingly, very little in the way of insider buys (last being Mr. Rizzo last Summer) and occasional sells. Eli Harari and several other officers sell a volume of stock each quarter, usually between 10,000 and 40,000, but this activity ceased as the stock became undervalued. Some consider these transactions pocket change to support living expenses in the Valley.

Some officers have already registered with intent to sell, but are holding. As I understand it, that indicates they will hold these shares and sell only when more favorable tax treatment and stock appreciation occur. That is to say, it contrasts with the usual SEC filings of intent to sell followed by the immediate execution of the transaction at market price.

I cannot understand why there was no insider interest when we sank into the low teens and single digits. Perhaps because insider ownership is already substantial.

Ausdauer