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Technology Stocks : Read-Rite

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To: TimKP who wrote (3814)	7/30/1998 3:27:00 PM
From: dwight vickers	Read Replies (2) of 5058

Well this is the moment of truth. Will $6 3/4 be a double bottom or are we about to see new lows? A friend with a mechanical trading system says RDRT gave him a buy signal a few days ago (prematurely in retrospect). Volume is lower on this decline than it was on the prior one, insiders have purchased shares, although not en masse. But enough to get a mention from Bob Gabele. Al Frank of the Prudent Speculator also has it on his buy list. I'm in today. Dwight

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