INVX Innovex Comdex Winner !! Message Board

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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 21.74

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Dec 17 3:59 PM EST

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To: Kurthend who wrote (1837)	12/9/1997 1:49:00 AM
From: Mark Oliver	Read Replies (2) of 3029

I wouldn't base too much on APM's hopes to get back into business. I think their statement totally related to inability to execute with on a technical basis. They pinned their hopes on TFI saving them until they could get an MR program going. They failed miserably. "However, it is anticipated that revenue will rebound in FQ 2/98 up to 20% as compared with FQ 1/98 as drive inventories are brought into line. Unit pricing for recording heads for both the first and second fiscal quarters has decreased more than normal, reflecting the downturn in demand." Again, who wants TFI heads when good high performance MR heads are available at reasonable prices? Regards, Mark

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