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


To: david1951 who wrote (60062)4/6/2016 11:44:46 AM
From: SiliconAlley  Respond to of 60323
 
Again, they have publicly stated their intention to continue the dividend at current levels. This is no guarantee, but is as good as it gets.



To: david1951 who wrote (60062)4/6/2016 11:49:03 AM
From: FJB1 Recommendation

Recommended By
franklin1

  Read Replies (1) | Respond to of 60323
 
I don't see how adding $18 billion in debt will come out to only 28 cents/year in interest. I don't own any WDC or SanDisk, so it is not worth it for me to do all the calcs. But I guarantee the interest will be SIGNIFICANTLY higher than $0.28 a year.

5% of 18 billion is 900 million for instance. Look at how much interest they were going to have to pay further up the board. WDC has about 233 million shares outstanding pre merger.

bloomberg.com