Read-Rite Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Harold S. who wrote (2751)	1/7/1998 2:21:00 PM
From: T Bowl	Read Replies (2) of 5058

Oops. Just missed I guess. My rec would have been to wait until you hear from SEG on Friday. The question is when will the overcapacity issues be resolved. I believe it has less to do with the ASian flu right now. More to do with the fact that GMs are so low. reasonable price will come when reasonable prices(DDs) resume. Pray for good news on Friday. todd FWIW, I SOLD my shares yesterday @ $16 3/8. This market scares me. Too much looming. The RDRT announcement seems to be played off as "old news"... In the PR "last 2 weeks of Dec cuts" doesn't sound like old news to me. Sounds like overcapacity still exists to me. I expect to hear more news from APM, KMAG, HTCH relating to these recent cuts from WDC(just my gut who the cuts came from).

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next