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Technology Stocks : Read-Rite
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To: Larry J. who wrote (3112)5/9/1998 12:45:00 PM
From: Sherwin Reiff   of 5058
 
Nothing recent reported (as of yesterday.) President filed 144 for 50k shares last fall, but I haven't found report of the sale. One director sold 50k shares at that time. No reported open-market purchases yet. Not sure about what's happening with options. Anyone else know??.

There was about a 3-week lag between time mgt bought (about $700k) in 8/96 and reported the purchase to SEC. They didn't buy at the bottom, but close to it.
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