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.
Growth stock??? LOL. HTCH is an old man in the life cycle, about to die. On top of that no earnings, nothing but losses, and no prospect for any earnings in the future. Growth stocks typically are growing earnings at 30% or more year over year. HTCH has only losses... in a mature and declining industry.