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Technology Stocks : INVX Innovex Comdex Winner !! -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (2074)1/16/1998 3:16:00 PM
From: Gerald Walls  Read Replies (1) | Respond to of 3029
 
''This quarter has been a difficult one for the hard disk drive industry with lower overall demand than anticipated resulting in excess inventory in the marketplace and significant pricing pressure,'' said Michael Brown, Quantum's chief executive officer.

''With that as a backdrop, we are gratified with what we were able to achieve in terms of our ongoing operations. We shipped a record 7 million hard disk drives; achieved record sales to OEMs; our desktop hard disk drive business remained profitable despite the significant pricing pressure; our DLT brand tape business remained strong; and we strengthened our balance sheet, again generating significant cash from operations.''

biz.yahoo.com



To: Box-By-The-Riviera™ who wrote (2074)1/16/1998 4:38:00 PM
From: Mike Farrar  Read Replies (2) | Respond to of 3029
 
SHORT INTEREST INFORMATION

com
INVX supplies parts to hard drive industry. It only accounts
for only 32% of their total sales from my research. The hard
drive industry has been hit hard and is finally starting to crawl
back from their lows.

Jeff


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