SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : WDC/Sandisk Corporation
WDC 156.49-4.3%9:52 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: SiliconAlley who wrote (60085)4/14/2016 12:13:09 PM
From: Art Bechhoefer1 Recommendation

Recommended By
FJB

  Read Replies (1) of 60323
 
Great buying opportunity? If you buy SNDK at its current price near $75 and hold it until the WDC acquisition is completed, you may get a total value of $67.50 cash plus approximately $10 for WDC shares, currently trading near $41. If you use round numbers, you might get a gain of $3/share, which works out to a gain of 4%. Given the risk that WDC shares could fall below $41, is it really worth it?

I'm impressed with the new SNDK enterprise SSD chips, but still, after seeing the latest earnings from companies like TSMC and even INTC, there appears to be a decline in demand growth, if not an actual decline in demand.

Art
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext