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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
WDC 55.41-2.0%Oct 15 4:00 PM EDT

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From: Elroy7/8/2021 10:48:38 AM
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SIMO's revenues forecast to be about $220m in Q2 2021, up 20% sequentially

Q2 2020 sales were $138m, so year on year growth exceeds 50%

Amazingly, the share price is down on this good news! SIMO seems to be trading like a classic cyclical semi stock (sell the good news) despite that fact that it's a pure growth. and it should in fact show results counter the classic semi cycle results (when memory is in excess supply and memory prices are weak = the bottom of the semi cycle - SIMO should do great as their fundamentals are driven by number of devices which use memory, not the price of memory itself.

Anyways, when is WDC going to grow quarterly sales above 25% per year?
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