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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4570)2/9/1999 4:42:00 PM
From: joshi  Read Replies (1) of 5058
 
Your not alone Dennis. I think the stock got ahead of itself at 20. I also think that under 12 is also below where it should be trading. Momentum has taken over. I thinke we find a base in 11-12 area and start an upward trend one the NASD turns. Thoes sellers had a lt of shares and needed to pare them. I also think they will start to accumulate them down here as am I. Good luck and great links.
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