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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!
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To: Mark Adams who wrote (2218)7/9/1999 1:22:00 PM
From: Zakrosian  Read Replies (1) of 2253
 
Mark - Others probably have a better handle on the nature of HMT's business with WDC than I, but my understanding was that it was virtually all enterprise, and that KMAG had the desktop business. I would think that the biggest factor could be Maxtor - 40% of their March quarter's business and their warning indicated that their unit shipments were lower than expected and that they were cutting back on production. In addition, IOM recently reported declining sales of Jaz disks. All in all, it's pretty obvious that the warning was no surprise.
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