WDC/Sandisk Corporation Message Board

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Technology Stocks : WDC/Sandisk Corporation

WDC 163.00

-0.4%

Nov 7 9:30 AM EST

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Bruno Cipolla

sndklong

To: SSDiesel who wrote (59972)	3/3/2016 6:31:25 PM
From: SiliconAlley	2 Recommendations Read Replies (1) of 60323

The deal was a steal, and only achievable for two reasons: (1) Declining lack of credibility of SanDisk management, following 2015 Q1/Q2 debacle, and (2) Panicked stock market, driving stocks far below intrinsic value. This was somewhat similar to the predatory action of Samsung in attempting a $26 takeover back in 2008. The difference being that SanDisk was now motivated to sell, and the offer came from a friendly partner. If there is a post merger drop, I don't expect that drop to be below current levels. I anticipate Western Digital to be in the low to mid 50's at the time of merger completion, and to double within 18 months time.

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