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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4574)	2/9/1999 6:42:00 PM
From: stockbug	of 5058

Look, I have stocks that are down big time and have out performed as to earnings and have received numerous upgrades to strong buys and they to are down big time. It is the market and the fact that the buyers have moved to the sidelines hoping for cheaper prices. The problem is that the sellers are panicking and letting their stocks go for low prices. If people would just say no to the bids put out those really wanting to buy will have to pay higher prices. This stock and a lot of others are being sucked down a hole. Also with so many more people day trading to maybe make very small daily profits we are going to have a hard time going higher. I hope the company has a major announcement for the conference or some really positive news as to profitability, because based on the stock price performance of the companies that presented so far this week the conference should really have been postponed.

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