Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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.

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

To: Box-By-The-Riviera™ who wrote (2109)	1/20/1998 3:08:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 3029

<conference call: may begin supplying completed suspensions in 1999.....> Can you tell me what this means? Are they going into the suspension business? Seems like they hired this new VP to develope non-disk drive businesses. Was there any mention about that? How about other business units? Have they made any progress? Someone mentioned 3 new programs for HIF, but I suppose these must be with SEG, or you would have said. Not a real bullish report, but compared to what could be, it's not so bad. I think the drive makers didn't reduce inventory as they should have, and now they must get more serious. This should explain INVX's reduced earnings going forward and lack of visibility going forward. I suppose they have expected these guys to get it together sooner than this, but they've all been having trouble with understanding new competition and build to order planning. The whole sector is in a mess and it's interesting that INVX is perhaps one of the lesser damaged. Still, the short term is not really a very interesting situation. Regards, Mark PS Here's a note from ML about falling PC demand taken from briefing.com. 08:55 ET PC Makers: Merrill Lynch PC analyst Lucy Painter cuts PC unit growth forecast, citing secondary effects of Asian financial crisis, according to CNBC. Lowers her FY97 PC unit growth forecast from 20% to 18%, FY98 from 17% to 14%, and sets a FY99 view of 16.5%. Lowers FY98 estimate for Compaq to $3.75 from $4.15 and cuts price target by 10 dollars to $90. Lowers FY98 view on Microsoft from $3.46 to $3.31 and FY98 from $4.55 to $4.30, but maintains $150 target. Maintains $100 target on Dell, but lowers FY98 to $3.50 from $3.60. Currently, Dell shares indicated 3/4 lower.