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To: Don Salty who wrote (2452)4/29/1998 3:24:00 PM
From: Gerald Walls  Read Replies (2) | Respond to of 3029
 
I noticed the below at Briefing.Com. Will this be a help to INVX as the disk drive industry has bottomed, or will it be taken as H&Q saying that HTCH will prevail over INVX?

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Hutchinson Technology (HTCH) 30 3/8 +1 3/16: Hambrecht & Quist upgrades manufacturer of suspensions assemblies for disk drives from "hold" to "buy" as Trace Suspension Assembly opportunity remains quite significant going forward; while another sizeable loss is anticipated for June quarter, its base conventional suspension business, which had been in a steep decline, appears to have now stabilized as overall disk drive inventories levels continue to decline; assuming improve
execution going forward, profitability could emerge by September qtr.....