JTS- "A Nordic Drive in Every PC and laptop" Message Board

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

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To: Clyde Nazareth who wrote (1547)	11/20/1997 12:40:00 PM
From: Scott Sterling	of 1985

> 1. The plant in India is operating at about 33%. It has had no shut down like last > quarter. > I don't think that bodes well for earning this quarter. > Any opinions? Yeah. That sounds really bad. They just can't continue on as they are. It's one thing to be operating with reduced to no profit as the other drive companies are, and quite another to be losing money at the rate JTS is. The only way this company would have any value is if either they can find a substantial buyer for their 3" drives, or if they can find a computer company that can use 3 million drives to acquire them and fill the capacity up. The current situation where JTS tries to sell drives at a discount in a competitive pricing environment, and still can't find any buyers just can't last much longer and will ultimately end in takeover, bankruptcy, or both. Scott

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