Hutchinson Technology, Inc. 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 : Hutchinson Technology, Inc.

HTCH 4.000

0.0%

Oct 6 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Z Analyzer who wrote (1465)	1/29/2000 7:12:00 PM
From: Tom Simpson	of 1487

<<Depreciation and asset write-downs result in losses but consume no cash. -Z>> Precisely, and a hardeyed view of book value begins with discounting production equipment assets heavily. As for the cash, let us not forget there is substantial debt with a senior claim on it. The point isn't that HTCH is in balance sheet trouble ...they aren't (yet) and are not likely to be as long as gross margins remain reasonably positive. By the same token "book" value is not typically the same as the "liquidation" value of a company and provides at best a very squishy floor for a stock price. Tom

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next