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To: Mark Oliver who wrote (4158)	10/21/1998 4:23:00 PM
From: Jeff Call	Read Replies (2) \| Respond to of 5058

Actual Earnings $(0.61) vs estimates of $(0.68). Anybody have any insight into the conference call? We finished the day strong. Any carry over into tomorrow or will we have "the sell on the news effect"? Good luck to all.

To: Mark Oliver who wrote (4158)	10/21/1998 5:02:00 PM
From: Roader	Respond to of 5058

Does anyone have the right code for the cc. Its not 4709856

To: Mark Oliver who wrote (4158)	10/22/1998 1:33:00 AM
From: CPAMarty	Read Replies (2) \| Respond to of 5058

It was good to hear you (one of "us") asking questions during the CC The highlights for me were; 1. management's conservative estimate of 10% to 15% growth in revenue; capacity is not a problem. Sounds like we could see 20%, especially if the business at Quantum or Seagate develops. Gross margin targets of 18% to 19%, other expenses should remain virtually flat. 2. Production of GMR early in calendar 1999 (instead of mid 1999). Management was low key about but it sounds like the lead in GMR technology could give them an edge on the competition. 3. Will be profitable by the 2nd half of F/Y 1999 (if demand continues, if pricing improves if they execute); breakeven cash flow by 12/98. 4. Super DLT could become 10% of revenue 5. Working hard towards earning place as supplier of heads for HDDs at Quantum after 12/98 6. Heads per drive could actually increase. IMHO we will be testing $10/share soon and if events turn out as outlined above, we will be in the twenties within 12 months.