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Technology Stocks : Hutchinson Technology, Inc.
HTCH 4.0000.0%Oct 6 5:00 PM EST

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To: dav who wrote (1210)4/21/1999 12:53:00 AM
From: maaad  Read Replies (1) of 1487
 
dav, stocks trade on future expectations. My guess is that those who sold have adjusted theirs. I do not have a position in this stock but I am very interested. My concern is that they may count on a majority of their revenue from only a few customers. That would explain the major difference for comparible quarters from 98 to 99. Check the volumn of sales to the various customers for the quarter. In my opinion a uniform increase would indicate a more stable reason to invest/hold stock in the company at this time. This is a small cap stock; if they depend on a majority of their revenue from a limited number of customers; future earnings could be decreased significantly by decreased demand in the market.

maaad
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