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Technology Stocks : Read-Rite

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To: Tom Simpson who wrote (3297)	5/24/1998 1:29:00 AM
From: Dennis R. Duke	Read Replies (1) of 5058

Your right. The SSB estimate is for a loss of 46 cents in this quarter. I guess I am screwed, since I already bought at an average of $11. Are you waiting for $4 to 5 as a entry price. Don't hold your breath. I won't either. This company's employees are behaving like there isn't a problem. Maybe you work there and know that there is....? Anyway Seagate is going to be more significant this quarter than before on 2.1's as Cy told us in the CC. MR will be increasing as a percentage of sales, and its better margins will help improve the picture. Just my thoughts, do your own homework, and spend your own money as you see fit, Dennis

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