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Technology Stocks : PLASMA THERM (PTIS)
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To: Nittany Lion who wrote (286)12/25/1997 10:53:00 AM
From: Stephen Ettorre  Read Replies (1) of 509
 
I have a small position in PTIS. My understanding is that PTIS is still heavily dependent on disk drive manufacturers (e.g. SEG). With the recent collapse in this group and the likelihood that Asian disk drive manufacturers will be driving prices down, I am concerned the PTIS' customers will start playing hardball and demand price cuts on the part of all its suppliers (much like GM, Ford & Chrysler do in the automotive business). Needless to say, I don't think PTIS' stock will do well if this materializes. Any thought?

-Steve
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