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Microcap & Penny Stocks : JTS- "A Nordic Drive in Every PC and laptop" -- Ignore unavailable to you. Want to Upgrade?

To: Ben Antanaitis who wrote (1576)11/23/1997 11:11:00 PM
From: novice investor  Read Replies (1) | Respond to of 1985
 
Hi Ben,

<pick up a fully functioning, staffed, disk drive fabrication site>

I was under the impression they've partially (or fully) closed down the Indian plant due, of course, to lack of sales and oversupply of current inventory. While I'm not familiar with Indian factory procedures, I'd bet the site is no longer "fully staffed" and probably only partially functioning.

Of course, my track record with this stock indicates every analysis I've made so far has been depressingly wrong. Would be nice if JTS still does have tangible offshore assets such as a salable factory.

NI



To: Ben Antanaitis who wrote (1576)11/24/1997 1:24:00 PM
From: David Krafcsik  Read Replies (1) | Respond to of 1985
 
I keep hearing this 48% of the stock when referring to Amber. I am pretty sure they do not own this much stock. That would be over 70 million shares, wouldn't it? I believe the 48% number that was referred to was a collective between them and several other siginificant shareholders, of which Jack Tramiel is one of them (and I seem to recall he owns like 12 million shares).


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