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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4345)11/30/1998 4:33:00 PM
From: Stitch  Read Replies (6) of 5058
 
Dennis,

Welcome back. I am afraid you missed the brief window in which I "liked" RDRT. I bought and sold the rally and am now neutral on the stock until we see some clear direction for the future. RDRT is still financially handicapped and still has much to accomplish. FYI I bought and sold KMAG as well, which is one of the most FUBAR'd companies in the sector financially. I now have short positions on KMAG and WDC. I am also long SEG after selling 50% of my position a couple of weeks ago.

On another note: I bought BBTK about three weeks ago and they had a 46% jump today. The thread for BBTK is inactive. Anyone here know why they had the jump?

Best,
Stitch
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