Read-Rite Message Board - Msg: 14267697

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Technology Stocks : Read-Rite

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To: Zeev Hed who wrote (4933)	8/24/2000 11:11:12 AM
From: Richard Rose	Read Replies (1) of 5058

Fundies is the big question at this point. A little profit will go a long way in terms of stock price on this one IMO. Takeover RUMORS, Optics, shortcovering and positive T/A potential would just be icing on the cake. They have been trimming some costs...but I'm guessing they need 170-220 million in quarterly revenue for profits - any profit that is. Range is so large because I know not as well. 170 is generous assuming they have cut enough costs and 220 should do it for sure based on past operations and costs. They did 141 million last Q. How much revenue could be in todays announcements?????

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