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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 87.99+1.8%Oct 23 5:20 PM EDTNews

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To: bigchad who wrote (2590)10/5/2017 1:09:13 PM
From: Art Bechhoefer  Read Replies (1) of 2816
 
It helps to look at the fundamentals. They justify neither a price of $500 nor as low a price as $80. In fact, one might consider what might occur if WDC DOESN'T prevail at all. Earnings will continue to rise because of faster than expected growth in demand, especially for enterprise and cloud servers. And WDC will not be saddled with additional debt at a time when interest rates are beginning to rise. The issue that WDC can capitalize on, whether it owns or controls the rest of the joint venture, or whether that roughly half portion goes to a competitor, is the potential loss of its proprietary technology, most of which was developed by SanDisk. That issue may have to be resolved in court, and the threat to anyone buying Toshiba's half should be enough to make a generous deal with WDC more than just a wish.

Art
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