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

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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: storage_savant who wrote (3714)	5/11/2018 12:22:19 PM
From: SiliconAlley	of 4828

So what do you think fair value is? You seem to have no new independent analysis other than "everyone else is wrong". I do not agree with the approach of others who are ignorant of the risks involved and arbitrarily peg fair value at a recent high, and saying that nothing has changed. Others also do not understand the difference between fair value and a price target. There is plenty that can go right for this company, and there is plenty that can go wrong. The recent earnings release and conference call raised several red flags, that have been appropriately priced into the stock. The earnings beat can be attributed to hard drive strength, which does not correlate with its growth business. When risk increases, astute investors will seek a lower entry point to compensate for that risk. Given the current risk, the market has fairly valued the stock. There is upside if things go right, and downside if things go wrong. Western Digital will need to prove itself in order to reach its potential. By no means is this a screaming buy, as it was at $35, a time when other posters here were saying the stock had no upside. As for your quote, that is not a statement I have ever made, and do not appreciate being misquoted. Understanding this company requires a firm grasp on the technologies involved, which I have not seen in the recent opinions posted on this board. Valuing a company is not as simple as a single earnings number, and successful technology investors like me have the knowledge to dig below the surface to understand what is truly happening. As for my independent analysis, I have provided it privately to those who have asked.

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