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Technology Stocks : Read-Rite

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To: Kenan who wrote (2795)1/29/1998 8:31:00 PM
From: Orwell  Read Replies (2) of 5058
 
What inspires people to sell at these levels? Doesn't the market look forward? Anyone know the current the short position for RDRT?

Seems to me this is another sector play where it is all doom and gloom, and suddenly the price jumps up. Sentiment can be manipulated, but where there's money to be made, the big boys will do it, and I think at some point this year there will be a lot of talking up of this sector.

O.
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