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Technology Stocks : Read-Rite
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To: CPAMarty who wrote (4126)10/11/1998 3:38:00 PM
From: FNS  Read Replies (1) of 5058
 
Thanks Marty. Am cautiously optimistic...this stock has to work itself through $9 before we can see a more positive move higher. When it does this will all mean that the sector is anticipating real recovery and back to black!

Unfortunately, the numbers to be announced this month will be in the red, hopefully not worse than expectations of -.65 (not sure if this is the real 'expected' number?). More importantly, it would be nice to see a 'bright' forward looking statement released by RDRT.

FNS
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