WDC, NAND, NVM, enterprise storage systems, etc. Message Board

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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.

SNDK 206.10

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3:59 PM EST

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To: Art Bechhoefer who wrote (541)	8/1/2016 11:31:09 PM
From: SiliconAlley	Read Replies (1) of 4836

No one seems to care about the debt but you. The debt levels are healthy, and in case you didn't notice, they just paid down $3B of this debt. Institutions do not have "misgivings" about the debt, and if you didn't notice, institutions have invested billions in funding this debt. They would not do that if they had misgivings about recouping their investment. And contrary to your assertions, the hard drive business is not a drag on earnings. In case you didn't notice, they reported better than expected earnings, despite having a hard drive business. The GAAP number that troubles you so, and that you believe management is trying to cover up, are related to one time charges that are investments for the future, as well as writedowns related to the acquisition. The GAAP loss was a surprise to no one, and no one really cares except for a guy named Art that once wrote a misguided letter to the FBI. I ask again, how'd that work out for you?

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