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

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

SNDK 223.28

+3.8%

Nov 28 9:30 AM EST

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To: Art Bechhoefer who wrote (3221)	11/22/2017 3:23:52 PM
From: bigchad	Read Replies (1) of 4833

No one is buying WDC now and WDC isn't selling because no one would be willing to pay an over 100% premium which is what it is worth right now without a buyout premium. Wait til it hits $200 then id be willing to take $250 a share if Apple or whoever wants. By this time next year they will be about a billion or less in net debt. They will also be 6 months away from being able to get out of their high interest rate debt. They are guiding to $13 in earnings next year but they have consistently underguided and have beat by a substantial margin the last year and a half and things are accelerating. Not only is their NAND business improving analysts are looking for their HDD business to reaccelerate in first half 2018. Don't be surprised if you see well over $15 in earnings next year and by this time the Toshiba issue will be in the rear view with whatever solution that comes about at least being neutral but more likely very favorable over what WDC has now. Put a very conservative 13-14 multiple and you have over $200 stock. Very simple. Don't listen to trolls and make a lot of money. Better yet put the trolls on IGNORE as I have and all the garbage here gets cleaned up quickly!!!! Happy Thanksgiving!

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