$WDC Western Digital is at an absurdly low price for a great company. Wouldn't Warren Buffet, even with his aversion to tech, will be buying this soon? On its conference call, Western Digital management sounded upbeat on repurchasing shares at this level. With the average investor down 10 - 20 percent, the buyback should shrink the paper loss.Risk:One user wrote:There are a few major issues with WDC that have been around for about 12 months or longer: 1)$WDC and Toshiba's big disagreement really hurt both companies reputation and I also assume affected their supply agreements to their customers. 2) It looks like spinning hard drive demand is falling off quicker than anticipated with a rapid transition to NAND forcing WDC to react quicker than they originally planned. 3) The biggest problem I see is that $MU has really started to encroach on WDC's traditional server markets. While MU doesn't produce traditional hard drives for cold storage they do make DRAM whose importance in the current A.I. and Cloud environment has become extremely important compared to even a few years ago.MU stock last week: $MU, Micron Technology, Inc. / H1 In order to secure DRAM orders in this limited supply environment, I'm sure a lot of companies are switching their NAND purchases over to MU as well in order to raise their priority in Micron's books. MU is also working hard to design their systems in house for specific customer needs, which means their capabilities are becoming more like WDC's every day. DRAM is the clear differentiation here, so if MU continues increasing their core competencies as a system integrator they will continue to take market share away from WDC.Buy $WDC at a 6x P/E.Agree or disagree? Login now to vote. Join the group of Value Stocks. 'Ping' to ~850 members. Comment below.