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Technology Stocks : WDC, NAND, NVM, enterprise storage systems, etc. -- Ignore unavailable to you. Want to Upgrade?

To: Unwelcomeguest who wrote (3574)3/23/2018 8:45:26 AM
From: Unwelcomeguest1 Recommendation

Recommended By
Sam

  Respond to of 4828
 
Looks like the market was expecting a huge beat on EPS and MU didn't live up to it. Regardless, there have been at least five Buy or Outperform recs out since the ER, four of them from major investment houses. So, I bought a couple thousand shares in the PM. This so reminds me of the way Sandisk used to get treated at ER. So many times they would beat estimates only to get shredded by the market in the aftermarket and the next day leaving the stock battered for months.

Let's hope this isn't a hint of what is going to happen to WDC in a few weeks.

UWG



To: Unwelcomeguest who wrote (3574)3/23/2018 10:10:26 AM
From: toastr  Read Replies (1) | Respond to of 4828
 
Unfortunately it seems at the moment WDC is getting hit equally hard if not worse than MU... was hoping based on valuation, NAND, enterprise outlook, etc. claimed by analysts, that it would start to distinguish itself from MU and others, but it doesn't seem to be the case yet.


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