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Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET! -- Ignore unavailable to you. Want to Upgrade?

To: Mark Adams who wrote (2218)	7/9/1999 12:53:00 PM
From: John Ritter	Respond to of 2253

We need to be patient, for example, I loaded also on SCUR going through $3 down to 2 1/2, down, down, it went, now I just checked, cause I WOULD NOT SELL, and we are over $4, the same thing will happen to HMTT (which I thought was the safer play). We will see $6 by fall, earlier if there is a buyout. (I added more of HMTT yesterday, got too much now). Keep the thread posted on risk factors. The Yahoo thread is pretty good on these cheapies. John

To: Mark Adams who wrote (2218)	7/9/1999 1:22:00 PM
From: Zakrosian	Read Replies (1) \| Respond to of 2253

Mark - Others probably have a better handle on the nature of HMT's business with WDC than I, but my understanding was that it was virtually all enterprise, and that KMAG had the desktop business. I would think that the biggest factor could be Maxtor - 40% of their March quarter's business and their warning indicated that their unit shipments were lower than expected and that they were cutting back on production. In addition, IOM recently reported declining sales of Jaz disks. All in all, it's pretty obvious that the warning was no surprise.