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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: appro who wrote (3132)	4/29/1998 3:36:00 PM
From: Yogi - Paul	Read Replies (2) \| Respond to of 9256

appro, HTCH and Veeco news. Briefing.com--<<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.....>> <<Veeco Instruments Inc. (VECO) 41 7/8 -1/4: Adams Harkness lowers EPS estimate on manufacturer of precision process equipment and process metrology equipment as gross margins fell from 46% to 43% on product mix shift towards lower margin metrology products and initial ramp of new deposition products; continues to rate issue "attractive," but lowers FY98 EPS from $1.50 to $1.47 to reflect lower gross margins and uncertainty in the disk drive segment.....>> Don't follow either one and don't know why I don't. Would be very interested to hear from someone who follows Hutchinson closely. Yogi