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Technology Stocks : Read-Rite
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To: Bald Man from Mars who wrote (3822)7/31/1998 8:30:00 PM
From: Stitch  Read Replies (2) of 5058
 
Dwight, Bald Man,

Mutual fund selling and double bottoms aside what RDRT needs is a change in the fundamentals. Quals on new programs, a general observation that PC spending is picking up, and general observation that the inventory in the channel is clearing, etc. I think we are on the cusp of this happening and will likely get interested in RDRT if it does. In the meantime, still just chewing my cud.
Best,
Stitch
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