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 158.03+5.2%Nov 3 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Art Bechhoefer5/16/2016 5:57:39 PM
1 Recommendation

Recommended By
david1951

  Read Replies (1) of 60323
 
The following quote from Zacks appears to be inaccurate:

"However, Western Digital and SanDisk made a few changes to the deal price on Feb 23. Per the new agreement, Western Digital paid $78.50 in cash and 0.24 in stock for every SanDisk share, totaling $15.78 billion."

I think they meant to say $67.50, not $78.50. I wish I were wrong!

Anyway, with the stock at what appears to be a new low, but still likely to pay a dividend at a rate in excess of 5%, it looks like a decent, though moderately risky investment. Measured against other high yielding stocks like Chevron, which is paying over 4% and is running big time losses because of low oil and gas prices, WDC looks more attractive.

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

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News