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Technology Stocks : Read-Rite
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To: Augustus Gloop who wrote (2794)1/29/1998 2:38:00 PM
From: Kenan  Read Replies (1) of 5058
 
Another thing that is key to remember is that RDRT has over $6.00 in cash per share while having a book value of over $11. Not of huge importance but worth considering.

I have been w/RDRT for over 2 years. I've been down below my buying price (18) a couple times. If this thing goes below 13 I'm going to start averaging down from there. I definately don't think we're going to see any action below 9.5.
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