SI
SI
discoversearch

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.
Technology Stocks : DSS: DLT finally open for trading -- Ignore unavailable to you. Want to Upgrade?


To: Z Analyzer who wrote (91)10/12/1999 1:21:00 PM
From: Sam  Read Replies (2) | Respond to of 488
 
I will try to listen to the call tonight. However, they say that they are shipping test units now, with production units anticipated in November. Well, this is slightly ahead of where DSS says SDLT is, but not by much, presuming that both hit their schedules.

I know that there is some badmouthing of DSS's products on the EXBT yahoo thread, but I checked with some sources of my own, and haven't verified most of their reports of complaints, though there was a recall of the 8000 back in November, according to CDW computer records, as one of them maintained. But there are some in inventory at several places (though not at CDW; they are, however, at PC and MacWarehouse). I haven't found anyone who has actually tested one yet, though that isn't terribly surprising. Neither have I found anyone who has tested a Mammouth either. I find all this gossip distasteful, and won't refer to it or respond to it anymore; suffice it to say that I would guess if DLT is actually as problemmatic as some of EXBT's posters claim, it wouldn't have the market share it has today, and the problems would have been extensively reported in various industry magazines. It does have that share, and the magazines haven't reported them, so, once again, consider the source.

From EXBT's press release announcing their earnings:
<<``Test units of our new Mammoth-2 drive were shipped to several OEMs in September, and production level qualification units are anticipated in November. >>

The other positive in their release was that they still have about $40 million in cash, despite their huge loss. I don't see much else to be positive about, though, except that, if they do indeed survive, their stock is indeed cheap.