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Hutchinson Technology Inc. Message Board

  • jumpinstaylongandstrong jumpinstaylongandstrong Aug 24, 2011 6:26 PM Flag

    October Numbers

    I'll bet Mr PJ, LT and Honolulu will all be puking at once when the next quarter comes out.

    After prophesying about the company says this the company says that the balance sheet says this...
    They have negative NET cash period...And I can't wait for all 3 of you to be eating crow here...
    gooday

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    • I thought MOST companies have "negative net cash." Why do you have your panties in a bunch all over this issue.

      HTCH's balance sheet is VERY strong, with current assets at roughly 4x current liabilities. Anyone talking as if there are financial issues here is just plain lying...especially after the company's recent refi deals.

 
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