SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Quantum Disk Drives (HDD)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mark Adams who wrote (3)8/9/1999 10:55:00 PM
From: Sam  Read Replies (1) of 179
 
So Mark, what do you think, do they have a viable drive business? If so, then they can't get too much cheaper, they are trading for slightly less than cash value right now, though that could change in a hurry if they have negative cash flow like they did last quarter (they claimed in the CC that that was the first quarter in a while that their cash flow had turned negative, but visibility was too poor to say if that would change in the Sept Q or not). In any case, they were allocated over $6/share of cash to see them through these trying times in the DD sector, are trading at about .7 of book, and a PSR of around .15. It could always get worse (I've seen drive vendor stocks get PSRs of .10 before), but not too much so if their new Fireballs are a success and their high end business chugs along finally making a profit.

What do y›u think?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News