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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: Jenna who wrote (22844)1/24/1999 5:05:00 PM
From: puborectalis  Respond to of 120523
 
FYI..Sheldon Laube(COO of USWB) is often a guest panelist on ZDTV's Silicon Spin hosted by John Dvorak...here seen at 11:30PM weekdays....you can also pull down old shows on the ZD web site.



To: Jenna who wrote (22844)1/24/1999 8:08:00 PM
From: kendall harmon  Read Replies (2) | Respond to of 120523
 
Jenna I took some MXTR on this pullback after earnings and think it has a ways to go on the upside. The 31 cents versus 12 expected was a great quarter and the outlook going forward seems positive. The sell off due to a secondary offering provides a wonderful buying opportunity for a great long term story.

Robbie Stephens came out with a positive report on MXTR last Thursday as some of you know:

BancBoston Robertson Stephens Initiates Coverage of Maxtor Corp. WithA Long-Term Attractive Rating

SAN FRANCISCO, Jan. 21 /PRNewswire/ -- The following is being issued by BancBoston Robertson Stephens, a member of the National Association of Securities Dealers, CRD number 41271:

BancBoston Robertson Stephens managing director and semiconductor analyst Daniel T. Niles today initiated coverage today of Maxtor Corp. (Nasdaq: MXTR) with a Long-Term Attractive rating. The company, headquartered in Milpitas, Calif., is a leading provider of hard disk drives (HDD) for desktop personal computers.

"We are initiating coverage of Maxtor with a Long-Term Attractive rating in front of a strong December quarter, establishing a $0.12 estimate in line with Street consensus, but believe this could have significant upside," said Niles.

"The company's recent success marks its emergence as the time-to-market leader," said Niles. "With a new management team in place, Maxtor is leading the industry in bringing new capacity points to the desktop market, catapulting market share from less than 6 percent in first quarter 1997 to more than 16 percent in third quarter 1998.

"In addition, the company has suggested that it will expand beyond the desktop segment in calendar year 1999. We anticipate HDD products targeted for the sub-$1,000 market later in 1999 and enterprise/server HDDs in 2000," said Niles.



To: Jenna who wrote (22844)1/24/1999 8:58:00 PM
From: Barbara B  Read Replies (1) | Respond to of 120523
 
Jenna, I am planning to hold USWB intermediate term. Do you still recommend placing a protective stop? Thanks. Barbara