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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (4184)	10/27/1998 9:18:00 AM
From: Stitch	Read Replies (3) of 5058

Marty; <<Actually, during the last conference call management indicated that the trend towards fewer heads per drive might be reversing.>> I noticed that and it has sent me searching with not much feedback yet. For the same reason that Jeff mentioned I would have guessed that the decline in head/media count would continue. It was the rapid advent of MR that caused the decline to accelerate in the first place. Why wouldn't GMR do the same especially since it appears Fujitsu and IBM are moving rapidly to those heads? I am still asking and will post whatever I learn. Would welcome comments from anyone else. Best, Stitch

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