Semi Equipment Analysis Message Board

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Technology Stocks : Semi Equipment Analysis

SOXX 309.40

+1.0%

Dec 5 4:00 PM EST

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To: Sam who wrote (82399)	1/25/2019 9:36:46 AM
From: Elroy	Read Replies (2) of 95530

Buy when there's blood in the streets! Where da blood! Cash flow positive about $450 milllion. Is that the blood in the streets? WDC is $47. What's the BUY theory? Next year at this time WDC will be doing $2.8 billion in revenue and losing $0.50 EPS per quarter, in the midst of restructuring, therefore the shares will rise to $60? Sorry, I don't get it. No blood. Blood is coming, in about 6-9 months...... The firm highlighted "comfort around balance sheet and leverage," with the dividend remaining intact; aggressive actions including $800 million in cost cuts; and a "robust product portfolio" in calendar 2019, adding this should help boost the company's market share in hard-disk drives as well as NVMe solid-state drives. Buy because WDC said it is comfortable? Buy because WDC said it would pay the dividend (until they change their mind? Buy because WDC is reducing staff and closing a hard disk drive factory in Malaysia? Buy because WDC says it's product portfolio is robust? Come on, none of that is persuasive compared to the fact that the price of NAND is expected to decline meaningfully for the remainder of 2019. Sigh, I guess I'll buy some more June puts.....and see who's right.

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