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Technology Stocks : Storage Technology- STK -- Ignore unavailable to you. Want to Upgrade?


To: m33806 who wrote (520)5/24/1999 6:55:00 PM
From: Donald Isenhower  Respond to of 560
 
Thanks for your point in the last message on the accounts receivable ratio changing. I did notice that in relation to that in the 10K for 1Q99 that they had receipts of about 100 million larger than the 518 million in sales. I will go back through the past several 10ks to see if that is getting better or worse to see if it is consistent with a problem being fixed or one that hasn't been addressed well. This is the type of stuff I miss and is a classic example of why I probably shouldn't be trading over the Internet!

Donald

P.S. Just in case people aren't watching, there have been two announcements in the last few days about uses for the new 9840 tape drives (just click on "News" below). These look positive and seem to support the increase in sales for the 9840 in the next three quarters as given in the CC.



To: m33806 who wrote (520)6/12/1999 6:36:00 PM
From: Donald Isenhower  Read Replies (1) | Respond to of 560
 
Just in case there are people here who don't watch the disk drive thread, here is a post that discusses STK. At first it sounds bad for tape drive companies in general, but then it has some very positive comments on STK. I still don't see how STK can fail to at least come back to the mid-$30s by the end of the year if the 9840 is indeed selling well.
Message 10079379

Donald