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


To: Tom Simpson who wrote (1462)1/29/2000 4:25:00 PM
From: All Mtn Ski  Read Replies (1) | Respond to of 1487
 
If HTCH currently $238.2 million in cash, that has a book value of $9.64 a share, using the 24.7 million outstanding. If they start burning through cash, I'd be worried because their ability to raise more money by selling shares is greatly diminished after the last secondary.

Tom



To: Tom Simpson who wrote (1462)1/31/2000 12:58:00 PM
From: Mark Oliver  Read Replies (2) | Respond to of 1487
 
Tom, Has WDC made their wireless suspension strategy clear? They were one of the last hold outs the last time I checked.

I also believe one of the problems has been NHK taking some Quantum business. One could hope they get that back. But, if they can loose at Quantum, perhaps they can loose with others.

I think a lot of the expectation had been that TSA would win and this has not been the fact. They are thrown into the trenches competiting for sales just like everyone else.

Regards,

Mark