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


To: T Bowl who wrote (2025)6/29/1998 6:01:00 PM
From: Tom Terf  Respond to of 2253
 
I like the way they matter-of-factly stated
revenue will be $ 56M for the quarter.

Someone must of forgotten to add: that is 40-45 %
decline from prior quarter.

Like being shot in the head and then someone telling
you they are sorry to mess your hair.




To: T Bowl who wrote (2025)6/29/1998 6:23:00 PM
From: Wall Street Jr  Respond to of 2253
 
I believe HMTT had production shut downs in the last two months. The Company is not just implementing the shut downs this week and next week. My guess is $8M in net income giving them around a dime and a nickel for EPS.



To: T Bowl who wrote (2025)6/29/1998 7:28:00 PM
From: Dale Stempson  Read Replies (1) | Respond to of 2253
 
RE: >>> Wow Dale! Have you tried to work that out??? Not possible with only $56mil in rev. A penny or two at most <<<

My "dime" EPS remark was a reflex response to the news. I simply did a quick mental ball-park calculation based on last quarter's report: (figuring all numbers remain unchanged except for revenues ($56 mil) and guessing at a rough 4 point drop in GM. The result is about a dime.

One think to keep in mind is that HMT accounted for the production slowdown by having employees use vacation or taking time off without pay.

Regards - Dale