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Technology Stocks : INVX Innovex Comdex Winner !!

INVX 21.99

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To: Box-By-The-Riviera™ who wrote (2074)	1/16/1998 3:16:00 PM
From: Gerald Walls	Read Replies (1) of 3029

''This quarter has been a difficult one for the hard disk drive industry with lower overall demand than anticipated resulting in excess inventory in the marketplace and significant pricing pressure,'' said Michael Brown, Quantum's chief executive officer. ''With that as a backdrop, we are gratified with what we were able to achieve in terms of our ongoing operations. We shipped a record 7 million hard disk drives; achieved record sales to OEMs; our desktop hard disk drive business remained profitable despite the significant pricing pressure; our DLT brand tape business remained strong; and we strengthened our balance sheet, again generating significant cash from operations.'' biz.yahoo.com

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