Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

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