HDCO - Why sudden dip? Message Board

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Technology Stocks : HDCO - Why sudden dip?

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To: kolo55 who wrote (551)	2/16/1999 9:06:00 PM
From: Edward Scott	Read Replies (2) of 572

Earnings out of .15 vs.14 est. they expect rev of 1 billion for fiscal 99 improved gross margins going forward 1.5 to 2 million off of gross margin this qtr because of unanticipated demand(this will not be a problem going forward because they have hired and trained people so that they will not have to outsource the work in the future). top 10 customers in decreasing order are: solectron,celestica,cisco,compaq,lucent,HP,SCI,CS,avex, NT. 15-20% gross margins is the goal in the next two years. pricing has stablized. malaysia improving and they have a new customer that will be buying directly(CPQ?) all and all a great qtr and outlook for the future Ed

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