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Technology Stocks : Read-Rite
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To: grogger who wrote (3205)5/18/1998 8:20:00 PM
From: JBTFD  Read Replies (2) of 5058
 
Thats what I would like to know. I mean, if you look at a 1 year chart, this stock has already been creamed since Aug-Sept last year, down 60+%. (talk about a bear market!) I dont see too much downside risk, with a book value of over $9.00 (correct me if I am wrong) I also dont see the market for hard drives going away any time soon either.
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