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Technology Stocks : Read-Rite
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To: grogger who wrote (4176)10/25/1998 11:11:00 AM
From: Gottfried  Read Replies (1) of 5058
 
Rob, looking at the chart it has almost risen above the resistance
built up since late June (around 9 1/2) and has done so at rising volume the last few days.
So technically that looks positive. The company related news has
also been more positive. And finally, the sector is looking up.

207.95.154.130

I think if RDRT goes above 10 it will go further. Remember that
in past downturns RDRT never went much below 10. Like in '93
and '96.
207.95.154.130

Warning: I'm sometimes wrong.

Gottfried
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