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Technology Stocks : WDC/Sandisk Corporation -- Ignore unavailable to you. Want to Upgrade?

To: joncon63 who wrote (59954)	2/26/2016 11:18:51 AM
From: SiliconAlley	1 Recommendation Recommended By Bruno Cipolla Read Replies (1) \| Respond to of 60323

I believe the stock is moving due to Western Digital's reiterated commitment to the deal, and the realization that even the Western Digital shareholders cannot block this acquisition. The upside in SanDisk will rise with Western Digital. I suspect Western Digital will be in the 50's at the time of closure, and the closing value of the deal will be in the low 80's. While I have not yet sold SanDisk shares, I am coming to believe that upside in Western Digital has twice the upside in SanDisk, between now and deal closure, and a Western Digital dividend will be paid during that period. As I type, you can trade a SanDisk share for 1.6 shares of Western Digital.