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Technology Stocks : Read-Rite

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To: William Wang who wrote (3270)5/21/1998 9:42:00 PM
From: Dennis R. Duke  Read Replies (1) of 5058
 
Amen. SSB finally sees what we do.

Copied from a response to a Private Message that I just wrote, but thought might be of interest to the thread:

I just got back from San Francisco. Went to the ASND shareholders meeting, got to visit with three other SIers in person and one lurker (that was a very informational session) and stopped by the Read-Rite facilities. By accident I got to walk through their clean room facility, too. Guess what? There is a good amount of activity there. Lots of people wearing Intel commercial type clean room stuff. The parking lot was reasonably full, too. Employees working in the halls were happy and busy. No moaning or complaints. Just working to get things done.

It was fun. Katie was out of the office for the weekend. John was in meetings. As dumb as this may sound I quizzed the receptionist about activity. She reported that volume has not dropped, nor has morale. I spoke in person to the receptionist at ASND when it was 50% lower than today. Got the same answers about business activity.

Personally, I think the receptionist test has validity.

BTW, John called to see if I was at least able to pick-up an investor's package. And reported that there is nothing new or different from my post about our conversation. He left it open for me to call him tomorrow in the afternoon when he is out of meetings.

I have been away from my info and the thread since yesterday's close.


I am going to go get my jog in before it gets dark. William, I just wish I had had the courage today to sell other positions and buy more RDRT, but did not. But your post makes be feel better about my current position.

Thank You, Dennis
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