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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (3955)8/17/1998 12:09:00 PM
From: FNS   of 5058
 
Marty: Don't know about te next six months but delighted that the stock has indicated a little life left!~ With INTC and DELL moving higher, and equally important with SEG leading the DD makers higher means a plus for RDRT! Barring any further critical Asian or internal company negatives the stock looks like it can test the 15 area in 3-6 months....hopefully we've seen the bottom.....but????

Long the stock but no guts to buy the calls since been scarred.

FNS
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