Tom,
LK already answered, and rightly pointed out that they are in better financial shape today than they were then, which is one reason for not expecting them to go back to book. A second is of course DLT, which even if it is flat to down single digits from last quarter in terms of revenue, will still show healthy gains year to year (and back in summer 96 wasn't even on anyone's map, as far as I know). Of course, margins will be the question--are 7000 margins holding still? And how serious is the inventory problem, if there is indeed one? All of this is still speculative at this point, for us anyway.
Time will tell, as it is so often said on these threads.
Best wishes,
Sam |
