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Technology Stocks : Richardson Electronics
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To: Paul Senior who wrote (12)7/2/1999 10:12:00 AM
From: don pagach  Read Replies (1) of 20
 
Paul,

Thanks for the previous message and good luck for both of us in RELL. I am hoping that the industry starts getting some notice with the MI buyout although trading volume has not picked up much. I think that will be the real measure of change. Also, the WSJ articles about the MI buyout seemed to suggest that the whole industry needs more consolidation, if this is so I think based on RELL's fundamentals it looks pretty good. Real test will be in sales growth next qtr. if RELL can continue with +5% growth and the company sees some positive movement in its Asian sales then maybe we will see a movement to $10 to $12.
My only real question with this stock is timing and interest, really need volume.

Best Wishes,
Don
P.S. what other companies interest you?
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