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Technology Stocks : Read-Rite

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To: Gary Burton who wrote (3398)	6/2/1998 11:07:00 PM
From: Dennis R. Duke	Read Replies (1) of 5058

I am not short, but very long on this one. I the issue in my mind is do I take a loss on other things like SEEK or JBL to buy more RDRT at bargain rates. Given that we have been told a qualification is coming I'd like to. Given that the company has yet to meet any of its expected qualification announcements on the time table they have said I would not like to. Frankly, I would take a huge investment to lower my basis of $11 because I jumped in big time when I thought, thanks to Yahoo's bad info, that book value was near $10. If I had a clue that the qualification announcement was right around the corner I'd buy big time for a pop, and then jump back on the others that were sold. But a prefect world we don't get. Dennis

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