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Technology Stocks : HMT Tech..281% sales growth at a trailing PE of only 17

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To: Young D.T. Nguyen who wrote (283)9/3/1996 4:37:00 PM
From: John Sikora   of 317
 
Young,

I do believe that instituional accumulation is taking place... It's hard to argue with the agressive #'s they've achieved. It appears to me they are making all the right moves to continue this growth going forward....1) New facility coming on line in early 97 that will eventually double existing capacity. They have been operating 24 hrs a day 7 days a week to meet huge demand 2) Focusing on high end of market and dominating it with high quality disks at or above 1900 oersted.( First to market with 2000 oersted )
3) Impressive and expanding customer base and on and on... You get the picture. Last weeks news added to the above info for a company that a few short days ago was trading at 15 prompted many to start buying last week...

Best of Luck,
John
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