SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Read-Rite
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: John Ritter who wrote (4798)8/4/1999 1:41:00 PM
From: T Bowl   of 5058
 
John -

Bookmark this spot:
sec.gov
You should use it more often before you buy a stock.(Boy don't I sound like Kam…)

Customer mix can be found there. Well, kinda… They use to break down
customer mix by quarter, but once it got too concentrated they said that
the info "confused the typical investor" so they quit releasing it. They actually
should have said that the info "scared the typical investor"

It roughly breaks down as WDC 50%, Maxtor 25%, Samsung 15% for the 98 fiscal year
(ended SepQ98). IMO this amounts to approx 65% of rev from extremely weak players
in the DD market. Please note that this data predates the IBM/WDC agreement…

Throw on top of that the fact that WDC is now basically the low cost
manufacturing arm of IBM(read: they won't be buying RDRT heads for those products),
inventories are high, price erosion is stated by most players to be the "worst they've ever
seen", the fact that component counts are shrinking quicker than anyone expected and
now RDRT is in financial trouble…

It all spells trouble. Doesn't matter what the stock price is. You're playing in the wrong
end of the sand box. Indys are not the place to be when times are tough. Wait til
you see light at the end of this long dark tunnel; You'll miss some of the initial runup,
but you won't risk losing a ton either.

todd
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News