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


To: tom pope who wrote (4089)8/6/1998 9:06:00 AM
From: Sam  Respond to of 9256
 
Thread,
An excerpt for CHSE's earnings report from yesterday:
''Another important fact about last quarter is that we exceeded our sales goals in every geographic region around
the world and in every product category except mass storage, where we had reported some softening of demand
during the quarter,'' Mr. Osorio said. ''In July of this year, in the aftermath of price adjustments by
manufacturers, our revenues from the sale of mass storage items were 10 percent above plan.''

(An aside: Either CHSE is one of the most undervalued stocks around, or they are accounting gurus who are pulling a huge scam with their many acquisitions; not being an accountant, I have no idea which. Here is a link to the full report:http://biz.yahoo.com/prnews/980805/fl_chs_ear_1.html)