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

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

SNDK 194.31

-5.3%

3:59 PM EST

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From: SiliconAlley	11/15/2017 2:48:58 PM
	Read Replies (1) of 4834

Settlement rumor has no legs, and stock continues to trade lower than initial reaction to 92.60. Rumor just does not jive with previous public statements by both companies. Toshiba denied asking for dropping of consent challenge in exchange for Fab 6 supply, after WDC stated Toshiba was denying supply in an attempt to coerce them to drop consent challenge. Since WDC unlikely to drop consent challenge on its own volition, rumored settlement terms are highly suspect. Is far more likely that the rumored settlement is merely a Toshiba demand, previously denied, and speaks to the integrity of Toshiba management.

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