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Technology Stocks : Read-Rite

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To: CPAMarty who wrote (4289)11/13/1998 9:19:00 PM
From: Dennis R. Duke  Read Replies (2) of 5058
 
I left the party too early, but it appears that it maybe coming back to my interest level. Any good answers on why volume is slowing down and the price is falling?

I was a big bull on this one, but frankly, margin calls in the down turn hosed me badly. You want to see a roller coaster, watch my investment portfolio. At one point I was at 2.5x from my beginning balance for the year and a hit lows of 40% and 33% of my beginning balance. I am now at about 30% net up on the year. But took the profit on RDRT way too early at $11.50. Missed a bunch.

Wishing the group the best, and will be back at $10.50 (which I hope for all of you I don't get!).

Dennis
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