"Or the potential to drop, based on lower than expected enterprise server revenues and lower than expected margins. Looking at the next two years, one might find that WDC goes nowhere, or even goes down more, owing to the huge debt service costs from its high interest rate bonds."
Every stock has the potential to drop. Even SanDisk, which you have vehemently defended over the years, has seen substantial drops. But there are secular trends here, and the odds are with me. The debt servicing costs are pretty irrelevant to the big picture, given the value SanDisk brings to the table.
"And yes, it appears you have NO IDEA of VALUE, when you fail to consider the difference between paper value and transaction receipts."
The value ONE WEEK from today is irrelevant to my investment thesis, which is that WDC is a good long term play. Again, you can purchase WDC straight, or purchase it as a discount via SNDK. I have not suggested a one week trade. |
