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   Technology StocksWDC, NAND, NVM, enterprise storage systems, etc.


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To: Elroy who wrote (4686)8/4/2021 8:32:49 PM
From: Sam
2 Recommendations   of 4710
 
You are comparing a company that just made $221m of revenue for their quarter with a company that made $4.9b. Although one is a customer of the other, they nonetheless are completely different companies in different sectors that have different characteristics. I haven't read or listened to the CC yet, my comment was based entirely on the article I posted and the fact that they handily beat expectations.

Why do you seem to have a hard on for WDC? Do you go around to other boards and compare SIMO with those stocks as well? It is bizarre.

You really should cut it out. I banned you once for doing this and I will ban you again if you keep doing this.

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To: Sam who wrote (4687)8/4/2021 8:41:08 PM
From: Elroy
   of 4710
 
I'm just curious why WDC's results are "good".

1% annual sales growth seem (to me) bad. In fact, it stinks.

If you think WDC's recent results are good, SIMO's recent results are Godlike. And SIMO is cheaper on valuation than WDC.

WDC is not the leader in a highly competitive industry.
SIMO is the leader in a segment without much competition left.

WDC has massive Cap Ex needs every year.

SIMO has almost zero Cap Ex needs every year.

Yeah, I don't have to compare WDC to SIMO. But in comparing financial numbers, one crushes the other, so I'm curious why many here like the one with the much worse numbers, that's all.

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From: Elroy8/4/2021 8:52:02 PM
   of 4710
 
WDC the articles and comments I'm reading say it was a really great quarter, and they handily beat expectations.

I don't follow WDC, but the sales numbers don't say the same thing. They did $4.9 billion last quarter, and expect to do $4.9 - $5.1 billion in the upcoming seasonally strong Q3. So they expect to grow sales about 2% sequentially, give or take 2%.

That stinks, doesn't it?

The tech markets are booming, NAND is booming, no one can get enough product made, prices are rising, and we're coming into the best quarter of the year.

And WDC is going to grow sales by 2%?

I remain curious how this is positive news.

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To: Elroy who wrote (4688)8/4/2021 9:04:26 PM
From: Sam
1 Recommendation   of 4710
 
I think that the fact that there has been little discussion on the board implies that most of us are not all that enamored of WDC.

Nonetheless, the comparison of SIMO to them is a little nuts. They are completely different companies. Different sectors with different characteristics and different challenges.

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To: Elroy who wrote (4688)8/4/2021 9:57:56 PM
From: SiliconAlley
   of 4710
 
WDC has massive Cap Ex needs every year.

You appear to lack a basic understanding of how their Cap Ex is funded, why earnings do not tell the whole story, and why their true margins far exceed that stated in the financials.

Fiscal Year 2021 free cash flow was $1.1B, Last I checked, that exceeds the total revenue of the company you continue to pump. I would respectfully request that you take your pumping to the Yahoo boards.

As for your mantra of "hard drives are dead," the conference call clearly states otherwise.

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To: Sam who wrote (4690)8/4/2021 10:03:24 PM
From: Elroy
   of 4710
 
Nonetheless, the comparison of SIMO to them is a little nuts

It's not that they are similar companies, I'm comparing stellar financial numbers (SIMO) with with fairly average if not disappointing average financial numbers (WDC).

The articles I've read all indicate WDC's Q2 was really good. I'm wondering why the article's authors write this/ Perhaps it's just a comparison of actual results to even worse guidance, I don't know.

Someone indicated WDC may have EPS of $10 over the next four quarters. If that's accurate, then yes, it's pretty cheap, at least we can say that.

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To: Elroy who wrote (4692)8/5/2021 2:38:54 PM
From: SiliconAlley
   of 4710
 
I'm comparing stellar financial numbers (SIMO) with with fairly average if not disappointing average financial numbers (WDC).

I assume you meant to say that WDC had the superior financial numbers with $2.16 per share non-GAAP earnings versus $1.50 for the inferior company. That is 44% better performance.

$20B in revenue ain't too shabby for a company you refer to as mediocre. That's what, 40 times the revenue of that pimple on a giraffe's butt?

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From: SiliconAlley8/6/2021 2:13:42 PM
2 Recommendations   of 4710
 
For those who have not seen, Yahoo shows next year's projected growth rate at 132.30%. The projected growth rate over the next 5 years is 47.80% per annum. This is 600% growth over the next 5 years.

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From: franklin18/24/2021 5:45:38 PM
   of 4710
 
Seagate, Western Digital stocks slump after recent crypto rally

Aug. 24, 2021 11:29 AM ET Western Digital Corporation (WDC) Seagate Technology Holdings plc (STX) By: Brandy Betz, SA News Editor 13 Comments

Sundry Photography/iStock Editorial via Getty Images

Storage companies Seagate Technology ( STX -6.1%) and Western Digital ( WDC -3.0%) were among the S&P 500's largest decliners, Tuesday, as a temporary sector tailwind fades and challenges appear on the horizon.Demand for high-capacity storage drives soared earlier this year due to the Chia cryptocurrency, which uses unused storage for farming. The energy-efficient altcoin debuted in late May at a price of over $1,300 per token. The debut happened just ahead of the broader digital currency selloff, and Chia is currently trading at $259.66.Seagate (NASDAQ: STX) and Western Digital (NASDAQ: WDC) are also facing widespread global component shortages and rising COVID-19 cases, which could complicate the economic reopening and slow the return of enterprise spending.Earlier this month, Western Digital reported fiscal fourth-quarter earnings and sales results that beat analysts' estimates. On the earnings call, the company said it saw a $100 million benefit from Chia-related demand during the quarter. Last week, UBS upgraded Seagate to buy on growth prospects in the data center space. UBS lowered its price target on Western Digital, but kept its neutral rating on the company in place due to cyclical and structural concerns surrounding NAND memory.

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From: Elroy8/25/2021 2:10:40 PM
   of 4710
 
Anybody know what's up with WDC today? It just jumped a few bucks mid-day

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