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


To: Stitch who wrote (5186)1/7/1999 9:13:00 PM
From: Frodo Baxter  Read Replies (4) | Respond to of 9256
 
"The higher average selling prices on TSA suspensions we realized during the quarter resulted primarily from premium pricing on a particular program that required an accelerated ramp-up," said Fortun. "Pricing on this program will decline substantially during the second quarter."

"Hutchinson Technology Incorporated (Nasdaq: HTCH - news) today announced that it plans to file a registration statement with the Securities and Exchange Commission to cover the offering of 4,000,000 shares of its common stock, all of which will be offered by the company."

Hmm. Am I the only one disturbed by this?

Imagined conversation between Fortun and unknown HD exec:
"So, sell me some TSA suspenders"
"Look, we really need to blow our numbers this quarter"
"Yeah, you and the rest of the industry"
"Here's the deal. We'll sell you TSA at $5 per this quarter, dropping to $1 after this quarter for the duration of your program"
"Hahaha. Accelerating revenue recognition, eh? We've done that. What do we get out it?"
"Our goodwill"
"Hahaha. Seriously"
"We'll bypass our other customers and get to work on your program right away. None of the usual delays"
"Deal"



To: Stitch who wrote (5186)1/8/1999 9:24:00 AM
From: UpwardBound  Read Replies (1) | Respond to of 9256
 
Daniel & Stitch:

Sounds like you're talking about this:

--UpwardBound

_____________________________________________________________________
ADVISORY/Quantum QuickView at CES: Enables TV's Killer
App

See How Quantum QuickView Enables a New Way for People to View Television

--(BUSINESS WIRE)--

Where: See Quantum QuickViewâ„¢ at the Consumer Electronics Show,
Las Vegas NV
Sony booth No. N109
TiVo booth No. N5625

Who: Quantum Corporation (www.quantum.com): Jeff Klugman, Director of
Marketing & Business Development

When: Wednesday, January 6, 1998 - Saturday, January 9, 1999

What: See demos of Quantum QuickView in Sony's booth: Quantum
QuickView enables the Sony's i.LINK (IEEE 1394) interface for
consumer electronics devices, a key architecture for this
technology plus additional consumer devices that could be
developed in the future.

See demos of Quantum QuickView in TiVo's booth: For TiVo,
Quantum QuickView combines a high-capacity hard disk drive with
additional enabling technology that make instantaneous time
shifting possible. TiVo's service reaches the consumer in the
home through the TiVo receiver - a hardware platform which stores
television content and enables special feature such as the
ability to fast-forward live/previously recorded TV content or
pause live broadcast content, utilizing state-of the art hard
disk drive technology from Quantum.