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Technology Stocks : Read-Rite

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To: NasdaqStud who wrote (3120)	5/10/1998 4:34:00 AM
From: Stitch	of 5058

"Stud" <<Folks, there is a reality here that has not been talked about by industry guru Stich (sic) or anybody else.>> My reading of your post suggested to me that you think I have only been writing negatively about RDRT as an investment since the IBM/WDC announcement. Not true. I first began warning about RDRT in January when it was trading at 15 plus change. My mistake was not being bearish enough cause I said "I wouldn't be surprised to see RDRT at $10 a share". I now think it will break through 10. I think the IBM/WDC announcement is very bad news for RDRT and APM. I also think that sector will see some shake-out due to dramatic overcapacity. By the way. I see no reason to get snide. I am simply posting an opinion like you. I have no short position on RDRT or any other stock and simply feel that the independent component suppliers are not a good investment at this time. By the way. You mention in your post that "fundamentals are improving". If you mean the DD sector I agree. If you mean RDRT I would like to know what fundamentals you mean. There has to be some reason that RDRT has so badly underperformed the group. Stitch

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