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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4290)11/14/1998 11:12:00 AM
From: CPAMarty  Read Replies (3) of 5058
 
Any good answers on why volume is slowing down and the price is falling?

We have had a good run lately; a little consolidation is normal. Low volume on the down days is a good sign.

IMHO, it will take significant good news like solid info regarding an increase in demand, or a qual at QNTM for HDD heads, agreements to supply GMR, etc. to move this stock past resistance at ~ $14
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