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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!

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To: Zakrosian who wrote (1986)6/11/1998 3:46:00 PM
From: Bill Lin  Read Replies (1) of 2253
 
Hitachi still owns about 1.9 million shares. I wonder if they are part of the selling?

anyone have Level 2? are the volumes indicative of individual or institutional selling?

thanks!

SECURITY OWNERSHIP OF
CERTAIN BENEFICIAL OWNERS AND MANAGEMENT

The following table sets forth certain information regarding the ownership
of the Company's Common Stock as of February 16, 1998 by: (i) each director;
(ii) each of the executive officers named in the Summary Compensation Table;
(iii) all executive officers and directors of the Company as a group; and (iv)
all those known by the Company to be beneficial owners of more than five percent
of its Common Stock.

<TABLE>
<CAPTION>
BENEFICIAL OWNERSHIP(1)
------------------------
NUMBER OF PERCENT OF
BENEFICIAL OWNER SHARES TOTAL
---------------- ---------- ----------
<S> <C> <C>
Summit Partners, L.P.(2).............................. 9,420,940 21.9
499 Hamilton Avenue, Suite 200
Palo Alto, CA 94301
Walter G. Kortschak(2)................................ 9,420,940 21.9
c/o Summit Partners, L.P.
499 Hamilton Avenue, Suite 200
Palo Alto, CA 94301
Neil M. Garfinkel..................................... -- --
Hitachi Metals, Ltd................................... 2,998,255 7.0
Chiyoda Building, 2nd Floor
1-2 Marunouchi
Tokyo 100 Japan
Bruce C. Edwards(3)................................... 34,500 *
Ronald L. Schauer(4).................................. 2,046,000 4.8
Ronald J. Buschur(5).................................. 649,826 1.5
George J. Hall(6)..................................... 439,215 1.0
Michael A. Russak(7).................................. 556,754 1.3
Peter S. Norris(8).................................... 460,769 1.1
Larry J. Anderson(9).................................. -- --
All directors and executive officers as a group....... 13,684,672 31.8%
(10 persons)(10)
</TABLE>

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