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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc.
SNDK 200.32+2.2%3:59 PM EST
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To: Unwelcomeguest who wrote (3709)5/10/2018 3:31:58 PM
From: SiliconAlley   of 4828
 
Maybe WDC will refute some of the UBS oversupply concerns in the investor conference they are participating in next Tuesday.

There is nothing to refute. UBS concerns have been publicly disseminated, and are not a rumor. And if there were any refuting to be done, UBS would be the one to do so. The last report was clear, and the market responded exactly as it should have. Some think the stock price is unjustified at these levels, and should be 10-15 points lower.
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