lol quantum computing. Whatever. The truth is flash continues to take market share and new solid state technologies that are even better than flash are almost here. (nearly unlimited re-writes, lower power consumption)
The problem is, those technologies cost 10 or 20x what traditional rotating head technolgies cost...per unit of storage. Is that "gap" going to go away overnight.
Industry analysts are projecting mid to high single digit % growth for traditional disk drives for the next 5 years. That is GROWTH. And that is growth that is LARGER than the broader economy. You may not get this, but that makes this industry (and probably a newly rechristened "lowest cost producer" HTCH) as a GROWTH stock.