Disk Drive Sector Discussion Forum Message Board

STOCKTALK

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 : Disk Drive Sector Discussion Forum

WDC 181.18

+3.5%

Dec 19 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jfrancis who wrote (7298)	11/4/1999 2:16:00 AM
From: Hectorite	Read Replies (2) of 9256

j, my thoughts on htch at this juncture were summarized by Fortun himself near the end of the call when he said "were in a pretty darn good position..." You just have to agree with that, but of course, we're talking about a good position in a lousy industry! The main problem seems to be on the expense side with their capacity problems. I thought they were honest with suggesting that it will be more than a year before demand really catches up. In terms of growth opportunities...disk drives in a sewing machines? Oh, please. But wait! The two industries do have a lot in common...: quote.yahoo.com Most consumer applications seem to me better suited to solid-state storage solutions. So, I think the core computer storage markets have to provide the important growth for hutch. Certainly those markets will continue to grow. Plus, the factors that are suppressing suspension volume (relative to DD unit volume) ought to become less acute over the next few product generations. My price predictions are always wrong, but your hope for $40 by summer seems pretty optimistic. "Explosive potential" are NOT the words I would use to describe the stock's outlook. But the value guy in me, says HTCH looks OK at these prices (<20). I'd be perfectly happy to find it in the mid 20's a year from now. (anybody else remember when 25% in a year was a pretty good investment?!) Unless Fortun is a big fibber, I can't see why that won't happen.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next