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Technology Stocks : Read-Rite

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To: FNS who wrote (4557)2/5/1999 10:44:00 AM
From: Dennis R. Duke  Read Replies (1) of 5058
 
Real time clip:

RDRT + 12 1/8 -1 3/8 -10.2% 3.00K 12 1/8 12 1/4 1.04M 13 11/16 11 13/16 7:38 Feb05

RDRT hit a low of $11 13/16 in some very fast trading. I have seen block of 10,000 or greater on both sides. At these levels we have broken your $13.50 and $12.50 supports. But bounced off of the $11's as of now.

Does the chart say sell other positions and buy-in, pray for your long position, or run for the door?

I sure wish the Company had some news about quals...36.23% in the hole is not a good place to be!!!

Later, Dennis
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