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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop"

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To: tbevan who wrote (1037)7/9/1997 12:02:00 PM
From: Richard Catterall   of 1985
 
"This pathetic little company thats going to be bankrupt soon is trying a last ditch effort to drag the drive sector down by making such absolutely stupid comments. What would they know about "industry wide weakness" when there's is a miniscule share (<1%) of the market"

Capacity of 70,000 drives/week, shipments last qtr. 540,000 drives worth $70,000,000 + equals about 40,000 drives a week. People with a record in the industry. Contracts with 5 oem's, liscensed stuff to Western Digital etc.

JTS may not be doing everything right by any means but think this guys comments are way overboard. Seems maybe the disk drive business may have been a little bit comfortable for their investors before JTS got in and put some pricing pressure on while adding a little innovation IMO
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