<<Where are you getting Maxtor from:>>
What a perfect way to show how NOT to bottom fish. Just because a stock is cheap doesn't mean it's undervalued. If you'd have done a little homework you'd know that IBM is currently in a full-out rush to supply OEM heads to DD makers. Samsung was the first, WDC was the 3rd, Maxtor was the latest. (they never announced those in between).
The IBM Maxtor agreement was announced the same week as the latest Maxtor 2880 lines was announced in Feb. RDRT stated in their latest CC that they had NOT qual'd for any 2.8GB drive(and the 2880 is currently shipping). They talked at length about their struggles with that generation. Up until this point RDRT was the primary supplier for the 3 previous Maxtor pgms, 1280, 1750 and 2160. I'd recomment listening to the Quarterly CCs from now on.
QNTM gone. Maxtor gone. WDC gone. (as a primary anyway). Bad news. Bad News. RDRT is not a good investment right now.
todd
BTW, you guys are asking alot of Stitch to come up with earnings estimates... Ever wonder why the ANALysts are consistently off on their expectations? It's because it's dang tough to predict. They have access to company reports, the CEO, insiders, industry reports, etc. Give me a break, we don't have a chance in heck to accurately predict what earnings will be in this industry. It changes weekly. This Stitch guy is pretty sharp. Listen to his comments on the industry, technology, movement and players. Be thankful he provides you with the insight. Don't expect him to play god and predict the unpredictable. |
