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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 (59971)3/3/2016 5:01:54 PM
From: SSDiesel2 Recommendations

Recommended By
oldbeachlvr
sndklong

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Considering the 52 week high, at time of merger announcement, was over $105. I didn't feel it a fair offer. I read it as offering no premium and a huge discount on cost of entry into NAND business ($8 Billion Fabs with state of the art tech). It looked more like SNDK was panicked to hit the sell button. Perhaps it was Toshiba's issues, not sure. At this point happy to exit SNDK. I like WDC but will wait for a post merger drop in WDC before considering a position.
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