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


To: HowardRoarke who wrote (316)9/20/2000 12:07:45 PM
From: Robert Douglas  Read Replies (1) | Respond to of 488
 
H & Q values DLT at $1.9 billion, ATL at $1.15 billion and Snap at $845 million for a sum-of-the-parts value of $3.9 billion or $26 a share.

Also:

"While we are confident SDLT is on track for a late September/early October launch, we are not counting on it for significant growth and do not believe the actual launch date is particularly important. In terms of hitting its financial targets, we believe the company has turned the corner. As the tape drive business has largely bottomed out, the biggest drag on DSS' operating performance is gone. During this transition period, management has focused on reducing costs and buying back shares, which should provide additional leverage as growth re-ignites."