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Technology Stocks : Read-Rite
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To: Ted The Technician who wrote (4854)2/16/2000 10:19:00 AM
From: Zeev Hed  Read Replies (1) of 5058
 
Ted, the only difference is that RMBS' balance sheet is spanky clean and they really need very little working capital to increase their profits, RDRT is short on cash (has some problems with their debt covenants) and if they are to increase their sales, will need even more cash to support higher working capital requirements. Yet, the demise of APM may leave them some room to breathe.

Zeev
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