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To: CMason who wrote (1322)6/30/1998 10:51:00 AM
From: Troy Shaw  Respond to of 2506
 
John G.,

Re: HMTT

HMTT makes thin film platters for hard disks and is being hurt by the current HD market. Also, in the past, it has sold a large portion of its platters to Iomega for the Jaz drive.

Yesterday, they announced that they expected a serious decline in revenues from 90.3M to 56M while remaining profitable in the quarter, with cash flow neutral to positive.

"Financial analysts' consensus estimate for HMT's fiscal first quarter called for a net profit of $0.27 per share, according to investment research firm First Call." -- biz.yahoo.com