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Technology Stocks : Read-Rite

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To: Bald Man from Mars who wrote (3382)6/2/1998 10:31:00 AM
From: Dennis R. Duke  Read Replies (1) of 5058
 
Believe me, My Margin Monster is right there, too. RDRT has me right on the edge of a call. The two weeks that John had told me in that first conversation is up and I needed it to happen to make MMM go away, but it didn't yet. Hanging on for quals to get announced has not been fun.

I have been expecting a margin call everyday for the last 7 days. While my account has gone down each day during that time, so far no call. I am down 32.3% from a peak on 5/13. I wish you the same luck, as to not having a margin call. And I wish us both the opposite luck as to the account balances.

P.S. How are you going to buy at $8 if you're against the margin wall?

Dennis
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