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Technology Stocks : Read-Rite
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To: JOED3 who wrote (2908)3/19/1998 6:59:00 PM
From: grogger   of 5058
 
I don;t see why not. The bottom must be near. Even if it goes down a buck or two and then goes up you can never get it at the absolute bottom. Today I bought CPQ thinking the same thing. Earnings estimates for next year aren't too bad either. If they are profitable again why not 20s again. You may wnat to wait until after earnings to hear their strategy but who knows.

Good luck,

Rob
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