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Technology Stocks : Read-Rite

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To: grogger who wrote (2952)	4/15/1998 11:29:00 PM
From: CPAMarty	Read Replies (2) of 5058

the conference call was positive; * Seagate is now a customer * a 10% to 20% increase in revenues is expected next quarter, * inventories and lead times have been cut, * problems with the 2.8 GB drives are behind them * most importantly the CEO clearly and repeatedly stated that RDRT had turned the corner, i.e., the street can expect improvement in future quarters, starting this (2nd) quarter

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