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

To: Hectorite who wrote (1476)	5/9/2000 11:44:00 AM
From: Marconi	Read Replies (1) \| Respond to of 1487

Hello Hectorite: Maybe the guys at hutch are smart enough to manage this...NO! See Yahoo URL of last quarter biz.yahoo.com Summary: (HTI says) the business (still) surprises us. Is there no titular twit that will speak plainly and own up to this dismal report?! This vapid listing of activities and effects is not the stuff genuine management is made of...plainly it confesses business eludes them. A clearer read would be a brief 'it is not the market or customers, it is the face of competition' perplexing and bewildering; Hutchinson is not managing it effectively. I believe erosion of market share coupled with mismanagement on nearly every front except managing liquid assets capsualizes recent years history for management. That is atrocious. Sacking Mr. Fortun and cronies and finding decent management for this opportune area would be appropriate Board action now; proven beyond any shadow of doubt. HTCH trading at 10-5/8--possibly a buy, primarily because of looking 'bottomly' in a continued fluffy market--there is very likely to be some greater optimistic fool in the next few months that will buy at a higher price than now. Regards, m BTW to my recollection Mr. Fortun nearly bankrupted the company in 1988 or so, and it seems repeated a decade later, save for the salvation of amazingly high stock prices in the market in general--which through equity sales buys some time, but does not necessarily retread management into running the business appropriately. Time for the Board to dose up on Ex-Lax and get their rears in gear for this business...this shareholder would benefit from real executive management in contrast to past hubris--which has never been a substitute for knowing your stuff, and managing accordingly rather than throwing out trials at this and that and coping reactively.