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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (2707)1/3/1998 10:50:00 PM
From: Factfinder  Read Replies (1) of 5058
 
Nice to see RDRT moving up after a fall with the rest of the industry. I am looking forward to next week when the market returns to normal trading volumes. I am hoping that a Seagate announcement materializes this month. I have been long RDRT since August and watched its rise and subsequent fall and currently evaluating my options in the new year. I am wondering whether they will spend the full capital budget this year on new equipment of defer some of the spending. anyone with any news on this. I believe they have committed to 120 out of a planned 300 so far this year.
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