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

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

SNDK 239.51

+15.3%

Nov 7 9:30 AM EST

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To: Elroy who wrote (4560)	1/29/2021 1:54:12 AM
From: SiliconAlley	Read Replies (1) of 4823

That means in nine years WDC will be debt free, just like SIMO! And without the debt, WDC earnings will skyrocket. In the meantime, SIMO revenues are expected to grow roughly 10% year over year, while earnings are expected to grow only 3%. Hmmm...WDC earnings expected to grow over 100%, SIMO earnings only 3%. Whats wrong with this picture? SIMO's debt free status doesn't seem to be helping much. And nothing wrong with debt - I've refied a 7 figure jumbo at 3% 30 year fixed. I'll gleefully pay that back with hyperinflated dollars a few years down the road. WDC is not the King of debt, but they've certainly used it to their advantage.

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