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Technology Stocks : WDC/Sandisk Corporation
WDC 163.00-0.4%Nov 7 9:30 AM EST
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To: joncon63 who wrote (59957)2/26/2016 1:23:18 PM
From: SiliconAlley1 Recommendation

Recommended By
Bruno Cipolla

   of 60323
 
Congrats on the sale. I've been in this for the long haul, and have held through painful declines. I consider WDC the logical extension of SNDK, and taking the same long term approach. I was not happy with the merger agreement, as Western Digital is taking the upside I've been waiting many years for.

I just did the exchange in a couple of accounts I am managing for family members. If you think WDC will be above 49 at the time of merger close, exchanging now is the better option to waiting for closure. While continued dividend is not guaranteed, WDC has clearly communicated their intent to continue the dividend.

I expect much better conference calls than we've had with Eli and Sanjay, and believe in Western Digital's ability to articulate their vision. I believe that Western Digital, with SanDisk on board, offers extreme and compelling value at these levels.
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