HMT TECHNOLOGY - UNDISCOVERED YET! Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: T Bowl who wrote (2013)	6/18/1998 7:42:00 PM
From: Bill Lin	Read Replies (1) of 2253

I'm pretty sure that their jaz sales suck big time. Their prices are just 4x out of whack with the rest of the industry. Sparq externals are kicking jaz 1 sales. and i think jaz2 is only selling about 200 drives per day. At most. Thats 400 platters a day or maybe 36,000 platters or $360k sales for HMTT. Bleak, bleak, bleak. I thought that the new CEO would try to trim the corporate structure, but it looks like he is not an action kind of guy. He acted way too late this quarter. When he saw 1st month sales as soft, he reduced the jaz price, and then he waited for the 2nd month sales to judge the price elasticity. So, now, he announces the action. Too late. IOM below $5 tomorrow, and maybe below $4 in a month. Then you have the bad earnings announcement and maybe $3 in 2 months. ouch. This DD industry needs consolidation... BL

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next