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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4344)11/30/1998 10:36:00 AM
From: CPAMarty   of 5058
 
is RDRT likely to see some tax selling?

it is possible that we will see more before the end of the year, however, RDRT has been at or below the current level for most of the year, here is a year to date chart
bigcharts.com

if someone wants to sell and wait 30 days to buy before January, their time is just about up; maybe the majority of the tax loss selling is behind us.

Do you think that John Kurtzweil is in a position to give guidance on this quarter yet? It would be nice to know what his estimate of the gross margin for the 12/98 qtr will be!
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