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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: HandsOn who wrote (20916)12/30/1998 8:00:00 PM
From: Jenna  Read Replies (3) | Respond to of 120523
 
MXTR..yes I like it.. I also like RDRT. I think the DD's are coming back and analysts are bullish onMXTR .. MXTR's earnings are estimated to increase: Maxtor reported strong Q3-98 operating results of $0.09 in EPS on $600 million in revenues, above ANALYSTS EXPECTATIONS of $0.04 expectations of $0.04 and $569 million. Strong demand of in particular of its OEM customer base. Unit shipments = 4.3 million estimates were for 4.1 million.
Gross margins = 12.2% and analysts estimates were for 11.7%.

50% of MXTR's sales come from Dell, Compaq and IBM and is estimated to be the chief supplier to Gateway in the future as well. They havelots of demand especially since it came up with its next-genertion 4.3 GB/platter program.
According to some analysts MXTR is the clear leader in the desktop DD industry. Gross margins are increasing and should continue to increase.. They have a new facility in Far East that is estimated to already have capacity work until year 2,000. They are known for their efficiency in bringing products quickly to their customers.

MXTR is the only disk drive related company that has increased gains in revenues and gross profit margins. Analysts have increaseed their Quarter 1 1999 estimates..

Nine months ended 1998 cash flow from operating activities: 1,175 and for 1997 it was a negative
$(132.947)..