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Cypress Semiconductor Corporation Message Board

  • village_idiot_mayor village_idiot_mayor Apr 17, 2012 6:15 PM Flag


    Seagate is in the Short Term benefitting from some "natural disasters" that slowed their competitors down.

    Now is not the time to be in Tech Stocks!

    Banks and Homeowners will outperform Techs over the next few years!!


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    • Village

      You'd better do more dd ol' buddy. Yes, Thai floods have had their impact. But also, 8-10 HDD manufacturers have consolidated down to 3 (2 really, STX and WDC). That $1 a share divi will be $2 divi by end of year. "Normalized" earnings once impact of flood is gone will be in the $5.80 range as conservatively estimated. STX generated $1B cash this qtr, will be $1.2B ish next quarter. What'll they do with all that cash...already announced $1B share buyback at last CC (has not started yet). Figure a PE of 7 on future normalized earnings, divi raise excluded, and you're looking at a $35 stock, $40 plus once divi increases :)

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