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Strategies & Market Trends : Roger's 1997 Short Picks
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To: Tom Markowski who wrote (6665)11/9/1997 11:47:00 AM
From: Kondor  Read Replies (1) of 9285
 
Amen to your doubts about the judgement of Barron's tech experts. One of them, Force, said, that HTCH is his favorite short sale candidate. For a short window of time, he may be right, but his premise I do not understand. No one that I can find understands what Force refers to in speaking of a technology that "displaces" what HTCH produces. A competitive product, perhaps, but the disk drive industry does not have a substitute for heads or their incorporated suspension assemblies. A HTCH short might work for the next six months. But this is a company that could begin to make a lot of money once again next year if its new product gains acceptance in the DD industry. Force is confused.
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