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WDC's Challenge of D.I. Report® Accuracy Fails
View Correspondence between DI and WDC
July 2, 2008 Last week, Western Digital (WDC) sent us a letter that took issue with and made demands of us related to our June 24, 2008 D.I. Report® published on the company.
We’ve been challenged by public companies in the past and surely will be again in the future. After a thorough investigation, we concluded that there was no need to make a single correction. We proudly stand by our work.
Normally, we'd just go about our business and deal with corrections as needed. What’s interesting about this case, and what you should know if you have an interest in WDC, is that Western Digital represents the first public company we can recall that challenged our work without actually having read the report first.
The demands WDC made of us were based solely on the list of bullet points we sent in our email alert. We found this a poor use of shareholder resources.
Western Digital’s letter and our response can be viewed here.
John P. Gavin, CFA
President and CEO
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