Please speak on fact not on rumor or depend on postion you hold.
For those easy to be fooled, call the investor relation. They will clear the rumor for you.
Here is what I heard from Investor relations: 1)The defect rate of 40% is a fabricated lie. 2)The order for last 2 months are picking up rapidly, indicating a buttom out. The fact TSA has bottle neck hurts the earning but it is addressed and company expect to run black soon (than I expected) 3)Med. equipment started contribute to bottom line. 4) company does not have insider selling. Others selling large block is normal.
The question is: how much they will earn when market is favor to the sector. IS TSA a better solution than product from INVX.
Don't know about the number of layoffs but my company has hired three former Hutch employees (2 in the last month). All were either senior management of senior engineering. I am very glad to have them, if they continue to loose people like this they will not be able to survive for long. There isn't exactly a huge tallent pool for senior technology people in Hutchinson MN and in this job market it will be very hard to attract them out there (Hutch isn't exactly known for being highly competative from a wage standpoint).
Here are some facts. smart modular just fell 7.5 points this morning. the outlook for the next few quarters is poor and the industry in general will be off substantially. htch is next, since it is already losing money hand over fist and borrowing to cover expenses. get out now and sell down to 18.