What do we know:
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Ponytail was shown the door, at the same time 24TB HAMR is pushed out.
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WD is all in on MAMR
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Toshiba announced MAMR plans https://www.theregister.co.uk/2018/12/07/toshiba_goes_to_mamr/
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STX has no MAMR plan and being late to the party means low margins
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STX only needs a cloud swimlane in the next year and one design center. No more SHK and SSDC. minus1500-2000 jobs in R&D and support.
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QLC NAND is showing great promise for high capacity drives, reducing TAM for HDD
What are the business options?
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Cut headcount to maintain positive cash flow in short-term
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Debt is too high already and cannot borrow
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Dividend needs to be cut, stock will free fall
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Oust CEO to demonstrate big change to wall street.
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Activist investor forces bigger changes
Any other options?????