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Technology Stocks : Read-Rite

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To: Wall Street Jr who wrote (4503)	1/20/1999 5:53:00 PM
From: Harold Beckwith	of 5058

Read-Rite Corporation today announced sales of $230.20 million and net income and diluted net income per share of $1.1 million and $.02 a share. First call was at a loss of .17 cents. I believe they have turned the corner and we are in for a good run. Now what we need is Montgomery, Goldman, Morgan Stanley and Robertson Stephens to go to strong buys. I believe we all have a great opportunity. HB

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