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

To: Sam who wrote (5874)	3/22/1999 4:47:00 PM
From: Mark Oliver	Respond to of 9256

Don't know why Hutchinson is getting zapped today, but this could be one of those opportunities to make a great short to mid term trade. I think this company has been making significant progress in selling higher margin products and they will make very good earnings this year. This sell off just doesn't make any sense. Are they trading down on IBM weakness, sector weakness, perceived company problems? This makes no sense. My broker read me a small story that a group of companies including Hutchinson were looking at investing in Thailand. This would be a change as Hutch has remained a US manufacturer through all these years. Anyway, I'd really like to get to the bottom of this as I'm buying and thinking I should have probably bought more. Regards, Mark