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

To: Zakrosian who wrote (1986)	6/11/1998 3:36:00 PM
From: Bill Lin	Respond to of 2253

From what I gather, this is a reaction to the WDC,KMAG, and RDRT preannouncements. I still think that HMTT is doing fine, however, looking to a bottom, i think that its around $7, given no bad earnings annoucement, and a decent forward looking CC. From Yahoo, earnings estimate of $0.28 might be too high in this industry environment. It is very probably that HMTT might preannounce this quarter. Or maybe create guidance for a lower next quarter (Q4). BL

To: Zakrosian who wrote (1986)	6/11/1998 3:46:00 PM
From: Bill Lin	Read Replies (1) \| Respond to of 2253

Hitachi still owns about 1.9 million shares. I wonder if they are part of the selling? anyone have Level 2? are the volumes indicative of individual or institutional selling? thanks! SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT The following table sets forth certain information regarding the ownership of the Company's Common Stock as of February 16, 1998 by: (i) each director; (ii) each of the executive officers named in the Summary Compensation Table; (iii) all executive officers and directors of the Company as a group; and (iv) all those known by the Company to be beneficial owners of more than five percent of its Common Stock. <TABLE> <CAPTION> BENEFICIAL OWNERSHIP(1) ------------------------ NUMBER OF PERCENT OF BENEFICIAL OWNER SHARES TOTAL ---------------- ---------- ---------- <S> <C> <C> Summit Partners, L.P.(2).............................. 9,420,940 21.9 499 Hamilton Avenue, Suite 200 Palo Alto, CA 94301 Walter G. Kortschak(2)................................ 9,420,940 21.9 c/o Summit Partners, L.P. 499 Hamilton Avenue, Suite 200 Palo Alto, CA 94301 Neil M. Garfinkel..................................... -- -- Hitachi Metals, Ltd................................... 2,998,255 7.0 Chiyoda Building, 2nd Floor 1-2 Marunouchi Tokyo 100 Japan Bruce C. Edwards(3)................................... 34,500 * Ronald L. Schauer(4).................................. 2,046,000 4.8 Ronald J. Buschur(5).................................. 649,826 1.5 George J. Hall(6)..................................... 439,215 1.0 Michael A. Russak(7).................................. 556,754 1.3 Peter S. Norris(8).................................... 460,769 1.1 Larry J. Anderson(9).................................. -- -- All directors and executive officers as a group....... 13,684,672 31.8% (10 persons)(10) </TABLE>