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Technology Stocks : Read-Rite
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To: Friend who wrote (3664)7/14/1998 6:56:00 PM
From: NasdaqStud  Read Replies (1) of 5058
 
I thought the Seagate call was somewhat upbeat. I believe that the Co. bottomed in terms of gross margin last Q and that inventories continued down.

SEG stated that about 7% of the co's head requirements were outsourced in the current Q, BUT THAT THEY EXPECTED THAT NUMBER TO RISE TOWARDS 12%. If I am not mistaken, this should be bullish for RDRT!!!
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