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Technology Stocks : Read-Rite

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To: NasdaqStud who wrote (3693)	7/15/1998 11:21:00 PM
From: T Bowl	Read Replies (1) of 5058

Sorry stud I'm not short RDRT. And I don't think that the RDRT CC was all that negative really. They seem to have done a good job making up ground on the MR technology curve and they have been cutting costs very well. It's just too bad that the Shareholder's Equity has dropped by more than 50% during the last 9 months - ahhh what's $300mil amongst friends... Oh yeah, if they could just find someone out there that would buy all those heads they'd be in great shape! Does it worry you that they still haven't qual'd for a recent product at their biggest customer? I'm sorry, that's right we should hear something in a few weeks... TBowl

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