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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (3413)	6/4/1998 12:33:00 PM
From: RLM	Read Replies (2) of 5058

Chicken Little, Chicken Little, the sky is falling, the sky is falling. The tech stocks are not done with hard times. The Intel news made investors nervous. Also this is historically a bad time of year for tech stocks. I personally do not like RDRT because of all of the news coming out about business being lost to other companies. Seagate and IBM make thesame products as RDRT and have bigger pockets. RDRT cannot afford to keep losing this kind of money. Look for the company to be either bought out or go into bankruptcy. If you want to play the disk drive sector, play with the big guys like SEG and QNTM. Why waste time on RDRT.

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