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Technology Stocks : Read-Rite

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To: Wall Street Jr who wrote (4564)	2/5/1999 4:38:00 PM
From: Dennis R. Duke	Read Replies (1) of 5058

Pardon me but never recall projecting $40 by year-end. I'd like that to happen. But I don't recall saying that. I talked to RDRT's IR today. Nothing different then the CC. 20 GMR quals are in process, but don't expect any announcements too soon. They will be for programs running in the second half of the year. 4.3 shipments are strong. APM shipping is not a concern to the IR people at RDRT. Seems they are busy enough. 4.3 is the biggest current revenue producer, and GMR is expected to be by December, 1999 per our conversation. I guess the old saying of misery loves company could be said. I am sorry you're down, too. Later, Dennis

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