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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"
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To: Dilbag Singh who wrote (926)6/24/1997 3:09:00 AM
From: Paul Schmidt   of 1985
 
Re: Short interest.

As of 6/13 the #shares shorted are: 2,433,671 which is a 28.5% decline from the month before. This is from Wall Street Journal online.

I was just passing by this thread and this is my first post. I saw the current price of 7/8 and decided to take a look into the company's financials because I see JTS hard drives at some local stores right next to all the Quantum, Seagate and Western Digital ones. This company made a lot of money last quarter but cost of sales and operating expenses are incredibly high.

Any thoughts on their future? Can they last much longer losing so much money?

Thanks.
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