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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (3064)5/5/1998 9:44:00 AM
From: T Bowl  Read Replies (2) of 5058
 
Yahoo!(right)

A fool and his money are soon parted... Be careful what you believe. Just because someone writes it doesn't necessarily make it true, especially if he's a fool himself. I too read the foolish report about RDRT and was quite surprised by TMFSeymour's statement about RDRT qualifying with five 2.8GB customers. I emailed him and asked where he got his info. His response was "er, uh, eee, hmmm, well, I thought I'd read that somewhere. You probably ought to look into that..." I've spoken to RDRT IR, they haven't yet qual'd a 2.8

The internet is one of the most powerful tools an individual investor has access to. But it should be used to aid in your basic funadmental research, not be the sole source of it.

A quick review of the best, most reliable sources of info on a company IMO:
1) SEC filings
2) conference calls
3) industry papers(IDEMA, coroporate sites, etc)
4) company PRs
5) company websites
6) CEO, CFO, etc(go ahead call 'em - they'll usually take the call)
7) corporate IR(immediately after earnings are released)
8) your Aunt Millie
9) corporate IR rep(<4 wks before earnings are released)
10) other investors on the internet

Be careful. Always verify information at a reliable source before you commit your money.

todd
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