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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (4165)	10/23/1998 12:01:00 AM
From: FNS	Read Replies (3) of 5058

Marty: Thanks for pertinent information. Was there any indication during CC about particular competitors in the MR and GMR arena, IBM, APM, Japanese companies, etc., and/or possible aquisition. <<IMHO we will be testing $10/share soon and if events turn out as outlined above, we will be in the twenties within 12 months.>> Based on the 8+% drop in stock price in early trading and the full recovery by close, the stock appears strong enough to move higher. Hopefully, a good day tomorrow. Hopefully the worst is over and 20+ in 12 months is fine by me! FNS

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