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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (3287)5/22/1998 4:16:00 PM
From: stockbug   of 5058
 
Don't panic my broker spoke with the assistant analyst at Goldman yesterday and they still are maintaining their earnings expectations. If I recall that is 60 cents for 1999.

He asked them about the IBM situation and they feel it is being overblown. It should not be discounted but it is not as bad as some people have made it appear to para-phrase.

I don't want to paint a perfect picture or be accused of hyping the stock but they also discussed the head qualification trails and his comments seemed to confirm the conversations with Katie that have been reported out here.
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