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Technology Stocks : Hutchinson Technology, Inc. -- Ignore unavailable to you. Want to Upgrade?


To: All Mtn Ski who wrote (1369)11/12/1999 11:31:00 AM
From: Jim K.  Respond to of 1487
 



To: All Mtn Ski who wrote (1369)11/12/1999 11:45:00 AM
From: Z Analyzer  Read Replies (1) | Respond to of 1487
 
<<We hit 12 or something when we were running losses of $0.50 a QTR last year. I'll be looking closely at HTCH at 15-16.
>>
HTCH's stock offerring raised its book value by about $6 per share and took them off the endangered list. TSA is now the proven dominant technology (versus 6 companies talking about wireless at Comdex a year ago) with volumes far higher than summer before last. Revenues are up 30% since then and HTCH has already made the capital expenditures to produce 10 mil TSA per week.
Otherwise, $12 seems like a reasonble number. -Z