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Technology Stocks : Semi Equipment Analysis

SOXX 296.74

+1.8%

Nov 28 4:00 PM EST

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To: Elroy who wrote (82378)	1/24/2019 6:14:33 PM
From: Sam	1 Recommendation Recommended By Return to Sender of 95487

Now WDC is trading over $45! EDIT: Well, it just retreated below $45 and falling quickly, although not as low as $44 yet. Down to 44.20-44.40. Milligan is talking about how they are going to be cutting costs. I guess Mr. Market loves that. SECOND EDIT: This is all I've found so far. BRIEF-Western Digital Corp Continues To Forecast Robust Long-Term Demand For Storage Published 18 minutes ago Reuters BRIEF-Western Digital Corp Continues To Forecast Robust Long-Term Demand For Storage Jan 24 (Reuters) - Western Digital Corp: * WESTERN DIGITAL CORP - CONTINUE TO FORECAST ROBUST LONG-TERM DEMAND FOR STORAGE - PRESENTATION * WESTERN DIGITAL-TAKING ACTIONS TO LOWER COSTS IN CURRENT ENVIRONMENT; REDUCING QTRLY ADJUSTED. COST OF GOODS SOLD BY $100 MILLION, ADJUSTED. OPERATING EXPENSES BY $100 MILLION * WESTERN DIGITAL - TAKING ACTIONS TO LOWER COSTS IN CURRENT ENVIRONMENT; TOTAL OF $800 MILLION IN NON-GAAP ANNUALIZED REDUCTIONS Source text: 1/8https://bit.ly/2sIM2HL 3/8 Further company coverage: (Reuters.Briefszthomsonreuters.com) REUTERS

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