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Technology Stocks : Read-Rite

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To: Mark Madden who wrote (4818)11/7/1999 11:48:00 AM
From: Daniel Kahn  Read Replies (1) of 5058
 
Mark, I am new to this thread and recently started buying RD
RT again having made money in it in the past. Cannot believe how dead this board is. Do you think the company will come through this latest industry downturn ok or is there significant risk that they do not make it? It seems as if they are well positioned for the next round but company comments re turnarounds cannot always be relied upon. One thing that has been missing in my mind is a lack of insider buying in the stock. In the past folks like Cyril have been big buyers before any upturn. Have not seen them set up yet. What do you think the outlook really is?
Thanks
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