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Technology Stocks : Read-Rite

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To: Chavez6 who wrote (3611)7/1/1998 7:50:00 PM
From: Stitch  Read Replies (1) of 5058
 
Chavez;

<<Have you heard through the grapevine that RDRT is close to a qual. on WDC 2.8 prgm?>>

Yes, I heard that specifically 3 weeks ago and it was reported to be imminent then. However, nothing has materialized. I am guessing that something went wrong with the qual or that RDRT'd decision to close down their Penang facility has delayed things until WDC can reasses whther RDRT can honor supply obligations through their plant in the Philippines. This, of course, is strictly conjecture.

Best,
Stitch
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