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Technology Stocks : Read-Rite

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To: Jeff Lins who wrote (4128)10/12/1998 3:24:00 AM
From: Stitch  Read Replies (2) of 5058
 
Jeff,

In re: to StorMedia's filing you said "a shocker". Not really.

Message 3296724

The shocking thing was that they held on this long. This is excellent news. It eliminates unnecessary capacity. But more elimination has to occur. Especially at the DD level.

Maybe someday this sector can contemplate actually being profitable again.

Best,
Stitch
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