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Technology Stocks : Read-Rite
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To: Bald Man from Mars who wrote (3867)8/4/1998 9:02:00 AM
From: TimKP  Read Replies (3) of 5058
 
Any guesses on bottom? Sometimes I think $2 is not out of the question. Wasn't WDC at such levels prior to the last upcycle? Looking forward, why would anyone buy RDRT? Sure, analysts project a return to profitability next year, but that is nothing but guess work. It all hinges on demand, and who knows if it will be there?

Curious that RDRT is on its way to passing APM (on the downside). Who knows, maybe APM will be the winner in the long run.

Oh well, just babbling, think I'll go puke some more.
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