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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET!

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To: Mark Adams who wrote (2157)3/4/1999 9:50:00 PM
From: Stockwizard  Read Replies (1) of 2253
 
Mark: You could easily be right. Haven't followed HMTT's business for some time except for the brief trading that I did daily on its way up to 15. Two points about the article that I had posted:
1. It is by a well-known short-seller. He could still have interest in seeing lower prices. Shorts are indeed in overabundance with this stock, so they do have to cover some time.
2. He does have some points, financially.

On the trading side, I am waiting until a few weeks before April 14, the time approximate that quarterly results should come in. May experience an upturn. But too risky to hold through their results.
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