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.

Non-Tech : HMT TECHNOLOGY - UNDISCOVERED YET! -- Ignore unavailable to you. Want to Upgrade?

To: Keith J who wrote (1977)	6/10/1998 11:30:00 AM
From: Gauguin	Respond to of 2253

Herb has/had a problem with HMTT. Someone backed over his bike. A "good story" might be to find out what happened between Herb and the company. Did someone decline an interview? It would be interesting, but annoying, to pull up his past articles about the company. He has (consistently) said nasty, bad, Moses-pointing-to-evil things about them ~ the whole time they've been doing great. He gradually confirms what one comes to suspect are his wishes for the company. I don't think they pay attention. I did, in the beginning; but now I think someone needs to send Herb flowers.

To: Keith J who wrote (1977)	6/10/1998 11:44:00 AM
From: Gottfried	Read Replies (1) \| Respond to of 2253

Keith, Herb's comments on HMT... Herb on TheStreet: Will Western Digital's Problems Hurt HMT? By Herb Greenberg Senior Columnist 6/10/98 8:33 AM ET Weak-kneed Wednesday: Can't wait to see: The spin HMT Technology (HMTT:Nasdaq) (one of this column's old -- ahem -- friends) puts on its outlook now that Western Digital (WDC:NYSE), one of its largest customers, prereleased a lousy quarter -- lousy in the form of a loss of at least $100 million. Western Digital also warned that unless conditions improve, it may be in technical default of its loans. It blamed the stuffed disk-drive channel for part of its problem. Meanwhile, HMT's other large customer, Iomega (IOM:NYSE), continues to wallow. [snip] The rest of the column deals with Iomega and Boston Chicken. GM