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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!
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To: T Bowl who wrote (2003)6/14/1998 12:51:00 PM
From: Mark Adams   of 2253
 
Sounds like that will hurt IVAC Monday. I took a small 1/3 position in HMTT at 10 3/8 recently, though I've traded it off and on over the past 6 months. Clearly we see overcapacity in nearly all segments of high tech, from uProcessors to Dram to Eprom to DDs. This doesn't bode well for tech companies, but most stock prices have adjusted downward to account for this.

I do believe a number of stocks will be lower at some point in the near future, but it's starting to look pretty dark out there, which means selective buying might be called for. Interesting times...
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