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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 92.910.0%Nov 22 8:10 PM ESTNews

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To: deepsee who wrote (3054)11/9/2017 10:13:36 AM
From: SiliconAlley   of 3228
 
500 in no time

Your target is misplaced.

500 would require that WDC have captive supply, of the right kind and quantity, past 2019. Due to the Toshiba dispute, WDC lacks what they require to (a) achieve bit growth past 2019, and (b) meet their technical roadmap past 2019.

Absent news that supply issues have been resolved, the stock is headed to 60's. My recommendation has been, and continues to be to step aside and only reenter if long term supply issues are resolved.
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