Formerly About Applied Materials Message Board

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Politics : Formerly About Applied Materials

AMAT 267.87

-0.6%

Dec 5 9:30 AM EST

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To: greg nus who wrote (14164)	1/5/1998 5:32:00 PM
From: Proud_Infidel	Read Replies (3) of 70976

Some Bad News After the Bell which might weigh heavily on the tech sector tomorrow. Then again, it may already be in the prices. From Briefing.com Read-Rite Corp. (RDRT) 17 1/8 -7/16: designer and manufacturer of magnetic recording heads for rigid disk-drives is warning that it sees fiscal 1Q earnings below Wall Street expectations; sees sales around $261 mln vs year-ago level of $251.6 mln; company to take an additional charge in the quarter aside from the one already announced; the First Call estimate was for a net of $0.34 a share, vs year-ago net of $0.12 a share.....

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