Paul, why are you buying WDC and not Quantum and Seagate? I'd like to invest in WDC but I can't come up with a basis for doing so ... the forward and trailing PE's are worthless; the PSR has a ways to go before it reaches Quantum's of 18 months ago (.25); it seems to be behind on technology (i.e., the MR transition) and product positioning (too low GB); it has no technological partnerships/backers that I'm aware of; it seems more vulnerable to Asian competition, it has no other business units to fill the profit gap (e.g., software, DLT).
I have been buying metals companies ... ANGLY, PD, RTP, VAALY, MSB, ... but what qualities are you looking for? I'm interest in modest PEs, supporting dividend yields, modest debt, competitive advantage, large low-cost ore bodies, liquidity, large scale, etc.
For the benefit of those on the thread that appreciate your posts... would you be willing to disclose some of your larger holdings?
P.S. Is there some way we can be on the receiving end of those wanting to pay 50c a share for the board? |
