Maxtor - up or down? - 500 Beiträge pro Seite

[rangzangzang]

Lt. "Aktionär" eine der fünf Top-Technologie-Werte 2004. "...Günstige Bewertung, gute Perspektiven..". Ist das Kursziel von 21 € realistisch?
Der Chart sieht interessant aus.
Gibt es Meinungen zu diesem Papier?

[MaxLubin]

Hi, klar bin seit 7.85€ dabei .... dies scheint nur Übertrieben zu sein. Gestern in Ami Short-Sell eingesetzt ... erwarte erhollung bis zu 8.15€ (10.30$)

[Kastor]

Verfolge Max schon ne ganze weile!
Denke langsam an nem Einstieg!

Was meint ihr?
Ist ja schon ganz schön lang am fallen!

Bei der geringsten Erholung an den Märkten zieht
Max auch ganz schön an! bzw. hat dann ne ziemliche stärke!

Kastor

[kersten01]

wenn Maxtor heut wieder über 10 Dollar kommt dann stehen bald wieder höhere Kurse da...

[MaxLubin]

#4 meine meinung

[kersten01]

News:
http://www.finanznachrichten.de/nachrichten/2004/03/artikel-…

Wichtung der News eher gering ?!
Aber der Kurs ist erfreulich



online Übersetzt:
MILPITAS, Calif., März 2 /PRNewswire-FirstCall/ -- Maxtor Corporation verkündete heute, daß es an einer upcoming Investorkonferenz teilnehmen wird.

Was: Deutsche Bank-Informationstechnologie-Kleinteil-Konferenz, Wenn: Montag, März 8 bei 10:10 morgens UND wer: Paul Tufano, Präsident und Generaldirektor, wo: Das Ritz-Carlton, Südstrand, Florida

Es gibt ein Phasenwebcast dieser Darstellung, und es wird auf der Web site der company`s archiviert. Das webcast kann im Beziehung zwischen den Investorenabschnitt der Web site an http://www.maxtor.com gefunden werden/.

Über Maxtor

Maxtor Corporation (http://www.maxtor.com/) ist einer der führenden Lieferanten der world`s der Lösungen der Festplattenlaufwerke und des Datenspeichers. Die Firma hat eine ausdehnende Linie der Speicherprodukte für Tischrechner, Speichersysteme, leistungsstarke Intel-gegründete Bediener und Verbraucherelektronik. Maxtor hat ein Renommee als nachgewiesener Marktführer, errichtet, indem er durchweg hochwertige Produkte und Service für seine Kunden zur Verfügung stellt. Maxtor und seine Produkte können gefunden werden an http://www.maxtor.com/ oder indem man gebührenfreies 800-2-MAXTOR benennt. Maxtor wird auf der New York Börse unter dem Symbol MXO gehandelt.

Maxtor Corporation

© Fotorezeptor Newswire

[MaxLubin]

Maxtor "buy"

Wednesday, March 10, 2004 5:27:13 AM ET
Deutsche Securities

NEW YORK, March 10 (New Ratings) - In a research note published yesterday, analysts at Deutsche Bank Securities reiterate their "buy" rating on Maxtor Corporation (MXO). The target price is set to $14.50.

[a.l.e.x.]

Maxtor "buy"

Wednesday, March 24, 2004 2:55:43 PM ET
Deutsche Securities

NEW YORK, March 24 (New Ratings) – Analysts at Deutsche Bank Securities maintain their "buy" rating on Maxtor Corporation (MXO).

Shares of Maxtor Corporation, a leading manufacturer of hard disk drives and network attached storage server appliances, are currently trading at $8.45.

According to Deutsche Bank Securities’ research note published this morning, Maxtor’s CFO, Robert Edwards, has resigned. The company has appointed its current VP Finance, Ted Hull, as the acting CFO, the analysts add. The departure of Mr. Edwards could be viewed negatively, although his contribution to the company has been limited, the analysts say.

Maxtor has indicated that its financial reporting procedures remain sound, despite the exit of Mr. Edwards. Deutsche Bank Securities expresses its optimism regarding the company’s prospects. An unexpected decline in PC demand and poor inventory and pricing management could, however, negatively impact the company’s performance, the analysts say.

The EPS estimates for 2004 and 2005 are $0.83 and $1, respectively. The P/E estimates for 2004 and 2005 are 10.2x and 8.4x, respectively.

Deutsche Bank Securities maintains its "buy" rating on Maxtor Corporation.

© 2004 New Ratings
-----------------------

Maxtor "outperform"

Wednesday, March 24, 2004 10:18:07 AM ET
Robert W. Baird

NEW YORK, March 24 (New Ratings) – Analysts at Robert W Baird & Company reiterate their “outperform” rating on Maxtor Corporation (MXO). The target price is set to $15.

In a research note published this morning, the analysts mention that the resignation of the company’s CFO, Robert Edwards, may not have any major impact on Maxtor’s business. Robert W Baird observes that the company’s pricing and inventory are encouraging. The personal drives market has been robust in Q1, the analysts add. Intense market competition is identified by Robert W Baird as a risk to the company’s performance.

© 2004 New Ratings

[yoppu]

was ist den los mit maxtor???

[a.l.e.x.]

Maxtor steigert den Umsatz und schwächelt beim Gewinn
Der US-amerikanische Festplatten-Hersteller Maxtor hat im vergangenen Quartal seinen Umsatz im Vorjahresvergleich um rund acht Prozent auf 1,02 Milliarden US-Dollar erhöht. Der Nettogewinn sank dagegen im selben Zeitraum von 27 Millionen US-Dollar auf 9,2 Millionen Dollar. Die Bruttomarge betrug dabei 15,2 Prozent.

Maxtor begründet den schwächeren Gewinn mit einem allgemeinen Überangebot von Festplatten. Insgesamt wurden ersten Quartal 13,6 Millionen Laufwerke verkauft, davon 12,8 Millionen mit IDE-Interface und etwa 828.000 mit SCSI-Anschluss. (mhe/c`t)

[borazon]

Sieht z.Z. übel aus.
Das August-Tief von 3.57$ wird wohl bald unterschritten werden.
Könnte sich lohnen, in der Gegend von 2-3$ auf eine längerfristige Erholung (aus eigener Kraft) über 5$ zu setzen.
Vielleicht macht Western Digital ein Übernahmeangebot(?), dann wäre der gebotene Aufschlag auf den jeweiligen Kurs aber sicher nicht sehr groß.








UPDATE 2-Maxtor posts loss, gives disappointing outlook
Wed Oct 20, 2004 06:56 PM ET

(Adds forecast, details from conference call, share move)

SAN FRANCISCO, Oct 20 (Reuters) - Maxtor Corp. (MXO.N: Quote, Profile, Research) , a maker of computer hard disk drives, on Wednesday posted a third-quarter loss, hurt by restructuring charges and as revenue fell due to tough pricing in the industry.

The company, which has had two chief financial officers leave in the past year, forecast a fourth-quarter loss that will be about double what analysts had forecast, and its shares plunged 17 percent.

Michael Bless resigned as CFO for personal reasons on Oct. 14. Chief Executive Paul Tufano has been named interim CFO.

Asked on a conference call if there were concerns with Maxtor`s accounting, Tufano said the company`s accounting standards and practices were "above reproach."

"First and foremost I believe our accounting is at the highest standard," Tufano said, though he acknowledged that when two CFOs leave it does raise questions.

Milpitas, California-based Maxtor reported a third-quarter net loss of $90.6 million, or 36 cents per share, compared with a year-ago profit of $29.9 million, or 12 cents per share.

Revenue fell to $927.2 million from $1.07 billion.

Excluding $27.2 million in severance and other restructuring charges and a $5.1 million charge for amortization, Maxtor had a loss of $58.3 million, or 23 cents per share.

On that basis, analysts had forecast a loss of 21 cents per share, on average, on revenue of $870.8 million, according to Reuters Estimates.

In the quarter, Maxtor shipped 13.8 million hard drives. The average selling price of the drives declined to $67 in the third quarter from $71 in the second period.

For the fourth quarter, typically the industry`s strongest due to holiday sales, Tufano forecast a loss before items of 18 cents to 22 cents per share on revenue of $920 million to $950 million.

Analysts expect a fourth-quarter loss before items of 7 cents per share, on average, and revenue of $957 million.

Maxtor shares fell to $3.85 in after-hours trade on INET, after closing up 14 cents at $4.64 on the New York Stock Exchange.













Maxtor Slammed After Hours

By TSC Staff
10/20/2004 7:21 PM EDT
Updated from 5:50 p.m. EDT

Shares of Maxtor (MXO:NYSE - commentary - research) were clobbered Wednesday evening after the disk-drive maker reported a larger-than-expected loss in the third quarter and projected more bad news for the fourth quarter.

After hours, the stock was recently off 79 cents, or 17%, to $3.85, having closed up 14 cents to $4.64 in regular trade.

The Milpitas, Calif., company lost $91 million, or 36 cents a share for the third quarter ended Sept. 30. That reverses the year-ago profit of $30 million, or 12 cents a share, according to generally accepted accounting principles. Revenue tumbled 7% from a year ago to $927 million.

Excluding charges, the latest- quarter loss was 23 cents a share, 3 cents more than analysts polled by Thomson First Call had expected.

The company said it shipped 13.8 million hard drives in the quarter, and actually exceeded expectations for total revenue. But brutal price competition and other problems pushed margins to 6.4% from 9% in the previous quarter.

"Demand in the third quarter reflected seasonal strength and revenue was above our initial expectations," said CEO Paul Tufano. "Our average selling price declined from $71 in the second quarter to $67 in the third, a 6% quarter-over-quarter reduction."

Maxtor expects a pro forma fourth-quarter loss of 18 cents to 22 cents per share on revenue ranging from $920 million to $950 million, Tufano said during a conference call. Wall Street was expecting a loss of 8 cents per share and revenue of $951.7 million.

[borazon]

Gleich bis unter 3.20$ durchgerauscht ... ...

bei Blick auf die Bilanz stellt man fest:

unter assets
...
Total stockholders` equity 626,507
...

unter EK/FK
...
Goodwill and other intangible assets, net 844,629
...



d.h. ohne Goodwill usw. wäre das EK negativ ... ich glaub, das Spielchen lass ich bleiben ... oder ich versuch es von 1$ auf 3$ ... vielleicht ist der CFO gegangen, weil er Chapter 11 beantragen wollte und nicht durfte (?) ... andererseits sind noch 400 mln Cash da, vielleicht beruhigt das die Lieferanten ... ganz so schnell geht`s vielleicht doch nicht ... aber warum hat MXO die Kurse über 10$ nicht zu Kapitalerhöhungen genutzt? ... haben die wirklich gedacht, der Konkurrenzdruck im Festplattenmarkt würde leichter? ... im Nachhinein sieht man freilich besser ...

[borazon]

Maxtor tumbles to 2-year low
Stock falls over 30% on heavy vol. on Q3 disappointment

By Tomi Kilgore, CBS.MarketWatch.com
Last Update: 1:13 PM ET Oct. 21, 2004

NEW YORK (CBS.MW) -- Shares of Maxtor Corp. tumbled to a two-year low on heavy volume Thursday after the disk drive maker reported a wider-than-expected third-quarter loss and declining revenue.


Updates, advisories and surprises

Maxtor tumbles to 2-year low on heavy volume


The Milipitas, Calif.-based company said late Wednesday that it lost $90.6 million, or 36 cents a share during the quarter ending September, vs. a profit of $29.9 million, or 12 cents a share in the same period a year ago.

Excluding charges related to restructuring activities and asset impairment, the company lost $58.3 million, or 23 cents per share, which was 3 cents a share wider than the average analyst estimate compiled by Thomson First Call.

Revenue fell 13 percent to $1.07 billion from $927.2 million.

The stock (MXO: news, chart, profile) plunged $1.44, or 31 percent, to $3.20, enough to make it the NYSE`s biggest percentage loser. Volume was more than 13 million shares in midday trading, more than four times the daily average of about 3 million shares.

The stock hit an intraday low of $3.10, the lowest price seen since Oct. 23, 2002.

Pacific Growth analyst Brian Alger followed by downgrading the stock to "underweight" from "equal weight."

"With no indications of price stability and serious pressure on gross margins, we do not see near-term profitability for the company and as such, we cannot come up with a reason to own the stock," Alger said in a note to clients.

The company said average selling prices fell to $67 from $71 in the sequential second quarter, resulting in a 2.6 percentage-point drop in gross margins to 6.4 percent.

CIBC World Markets` analyst Matthew Smith reiterated his "sector underperformer" rating, saying any upside in the stock could not be sustained without a profit recovery.

"Visibility to a profit turnaround remains unclear, and we remain of the belief that Maxtor has failed to capitalize on its critical mass as the second hard disk drive supplier," Smith said. "Leverage from new consumer applications continues to prove insufficient against a backdrop of mounting competition."

A week earlier, Maxtor`s said its chief financial officer, Michael Bless, had resigned for personal reasons.

Needham`s Richard Kugele said Maxtor stressed in its conference call following the quarterly report that Bless had left on his own accord, and that it had nothing to do with the company`s financial situation.

What might have compounded investor disappointment in the results was that the stock rallied 3.1 percent on Wednesday ahead of the report after Bear Stearns upgraded the stock to "peer perform" from "underperform."