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.
Non-Tech : Any info about Iomega (IOM)? -- Ignore unavailable to you. Want to Upgrade?


To: Gary Wisdom who wrote (36463)11/19/1997 2:52:00 PM
From: Dale Stempson  Read Replies (2) | Respond to of 58324
 
>>>OT:HMTT<<<

"Analyst Todd Bakar said the downgrades were based on continued concern about the outlook for disk drive companies over the next six to nine months."

Actually I'm surprised Todd grouped HMTT together with QNTM and RDRT for this downgrade. IMO, HMTT should hold up very well compared to others in the group. IOM Jaz platters already account for 1/3 of their revenues alone and that doesn't account for increases due to HMT's selection as supplier for the 2GB platters.

In addition, HMT has just recently announced they are still on target with their expansion plans. They have all static lines which are much in demand while the competition struggles to catch up. HMT at these levels is a buy IMO.

Regards - Dale



To: Gary Wisdom who wrote (36463)11/19/1997 3:45:00 PM
From: Ray Dash  Read Replies (1) | Respond to of 58324
 
Gary, what do you think of this no volume slide from 31.75 to 31( do you know exact volume?) Just previous, did you see that strange 31 trade go through when the stock was 5/8--3/4? Why do these MMs always side with the shorts? All of that morning volume down the tubes? Unbelievable, the DOW up 90! BTW, the 100k was a buy?! Thanks, Ray