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Technology Stocks : Read-Rite

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To: TimKP who wrote (3507)	6/11/1998 12:52:00 AM
From: Bald Man from Mars	Read Replies (1) of 5058

Does anyone seriously believe these alleged quals are coming?? Good grief, consider the source, RDRT. These people are so full of BS. <<Look at todays news in light of comments made by Mr. Lowe a short time ago (HQ conference - 10-20% revenue growth over last qtr). Also, RDRT IR even confirmed this proclomation only 2-3 weeks ago. This is just the latest in a long history of lies and deceipt by RDRT mgmnt. We are all screwed (I am long too). This company will dissolve early in CY99. >> From biz.yahoo.com It indicates Mr. Lowe made a purchase on 5-28-98 of 10,000 shares at 8-15/16, so at the closing price of 7-9/16, he is down 1-3/8 per share or $13,750. If he knows RDRT will not make the quarter number, why doesn't he wait for a couple of weeks to buy at 7 and change ...

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