From all I'm hearing the whole company will be gone in under 2 years...might be time to go now without leaving with nothing when it all folds
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Goodnight, and Good Luck, wasn’t that a movie 🎥🍿
Will it still pay the dividend until the last person is fired?
Give it 2 years max
Fewer debt issues than who? All that matters is can a company muster the cash to pay a debt when it comes due or acquire more debt to cover what has come due. Without a huge improvement in sales we will have to find friends with deep pockets.
The need for cheap storage isn't going anywhere and flash isn't going to take it over anytime soon. We also have fewer debt issues than our competitors. The company as we know it might get nearly destroyed in the process - just like many other HDD makers during the various crisis of the past - but something of it is likely going to exist in the years to come. Worst case IMO - a MUCH smaller manufacturing support org for commodity PMR drives - HAMR cost and reliability never become marketable against PMR cost/Gb, so no more R&D.
It won't exist in 5 years time.
I'm not sure it will be gone, but it definitely will be much smaller, especially after bankruptcy.