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Hutchinson Technology Inc. Message Board

  • white_merganser white_merganser Nov 7, 2013 4:07 PM Flag

    Bought additional...

    shares today

    Sentiment: Hold

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    • I'm sure it will work out exceedingly well for you and all longs from this level. The current Q1 is already half over! Shipping volumes are going to steadily rise and rise and rise. It's happened the last several quarters and will continue....95mil, 99mil, 103mil....108mil, 115mil, 120mil, 130mil, 140mil and on and on. Before you know it, Hutch will be generating enormous free cash flow and more-than-healthy bottom line EPS.

      It's certainly fair to argue about the pace of growth and expectations but there is NO WAY anyone can argue about the improving direction of the company and the FACT that revenue and cash and earnings are on the way up. Analyst expectations are still far too low and none of the big boys have bought any shares yet. When it crosses $8 or $10 they will. It is also a fact (this is neither good nor bad) that there is little Hutch can do to accelerate the growth forward, they are at the mercy of Seagate and WDC. Even with a superior product and pricing, Seagate and WDC will always split their orders between 2 or 3 of the suppliers....Hutch, NHK, Magnecomp.

      Patience, it is happening.

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