STX used to say that flash would never be able to supply the whole market, only a tiny bit of it. There just wasn't enough flash memory around and prices weren't high enough to build new fabs.
So their thesis was HDD would be around for many many years.
WS says a money losing company with a delusional CEO is worth 25B. Doesn't seem they're trying to destroy anything.
yeah, fed rate hike. That's why the rest of the market is up. If you're not worried, why post drivel like "Musk buying1M shares, just handed in the form to the SEC"?
If palmetto gets cancelled why would they have capital costs associated with a cancelled project. Write downs are non cash if they happen.
their company probablydoesn't want them to. Ginandtoniclime is an utter idiot. He's not a professional anything.
Cutting synergies, well, what would the companies look like alone vs. together? IE the overall picture of the whole industry has changed. You can't compare it to 9 months ago and say it doesn't look as good. No kidding it doesn't look as good. Still doesn't mean it isn't worthwhile.
those fees are always negotiable. ETE's fees aren't spelled out. If ETE wants to cancel the deal, make an offer to WMB and get on with it.
WMB would have to want a new deal. They can say "no new deal" and ETE either has to consummate the deal as is, or negotiate a break up fee. WMB would be far better off on its own, what incentive does it have to take an even lower price from ETE?
I think they'd take it. 1B max. Then cut the dividend by 1/2 or so. Still yield 10%. No more capital problems.
All they have to do is cut the dividend. They could cut it by 2/3 and the stock would be paying 6%. And all the capital needs, etc. would be met.