SOURCE: World Street Fundamentals

July 07, 2011 09:00 ET

Equity Research on Hutchinson Technology Incorporated and Quantum Corporation -- Recovering With Innovative Software

HONG KONG--(Marketwire - Jul 7, 2011) - Today, www.WorldStreetFundamentals.com released its industry report highlighting Hutchinson Technology Incorporated and Quantum Corporation. Full fundamental and technical analysis is available at www.WorldStreetFundamentals.com/Reports.php.

Systems software spending will be boosted by growing interest in cloud computing. It is expected that revenues to increase at a mid-single digit rate in 2011, approximately in line with the overall IT industry. It is foreseeable that stronger growth is coming from the enterprises, as companies upgrade their data center infrastructure. Year to date through May 20, the Systems Software Index declined 2.6%, compared to a 6.3% rise for the S&P 1500. With the hope of the global economy recovering and the GDP looking forward to economic fundamental growth, this sector proves promising.

World Street Fundamentals has highlighted Hutchinson Technology Incorporated as a global technology manufacturer. The Company operates in two segments: the Disk Drive Components Division and the BioMeasurement Division. Its Disk Drive Components Division is a global supplier of suspension assemblies for hard disk drives. Suspension assemblies are electro-mechanical components that hold a disk drive's read/write head at microscopic distances above the drive's disks. InSpectra StO2 System is a perfusion status monitoring. The entire report on Hutchinson Technology Incorporated is available here: www.WorldStreetFundamentals.com/ViewFullReport.245.php.

World Street has highlighted Quantum Corporation as a global storage company specializing in backup, recovery and archive solutions. Quantum provides an integrated range of disk, tape and software solutions supported by its sales and service organization. The Company divides its products into three categories: disk systems and data management software, tape automation systems, and devices and media. The devices and media category includes removable disk drives, standalone tape drives and media products. The Company works with a network of distributors, value-added resellers (VARs), direct marketing resellers, original equipment manufacturers (OEMs) and other suppliers to solve customers' data protection, retention and management challenges. The entire report on Quantum Corporation is available here: www.WorldStreetFundamentals.com/ViewFullReport.138.php.

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