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


To: Todd Gill who wrote (1628)12/12/1997 10:58:00 PM
From: Naggrachi  Respond to of 1985
 
<<Why would JTS let Compaq off the hook on the contract? JTS
gave (basically) it's 3" technology to WDC because Compaq
required multiple vendors.>>

WHY? You ask!!!

Logic tells me that CPQ is the number 3 if not 2 (not sure which)coompany in the world, as far as selling PC's goes. Where is JTS at?? CPQ can do anything it want's, contract or no contract.

<<I'd think Compaq shipping a product with a JTS drive would do
a lot of good things for the reputation of JTS. Wouldn't JTS
demand some type of compensation to let Compaq out of the
contract??? >>>

In all seriousness, your forgetting who's managing JTS. While were on the subject, what ever happened to all those potential oem's? Didn't we have about six companies evaluateing JTS products? What ever happened to them?

<<The thing that caught my eye about the Compaq press release
was the hot swappable/different form factor. I suppose it's a
leap....but why did mgt ante up $ this fall given the situation>>

Management promised a lot of other things, hence, the run up to $9. Like by now JTS would be turning a profit of $.10 a share. Then it was break even 4Q '97. Now, almost two quarters have passed without any earnings (losses) annouuncement.

As to JTS being able to trade forever, good. That way i'll be able to use the tax loss when I want to, not when JTS is bankrupt.

Zead