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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4613)	2/25/1999 12:24:00 PM
From: CPAMarty	Read Replies (1) of 5058

I just spoke with Jane Conn a minute ago. I asked her whether the transition to GMR would hurt RDRT's earnings for their 2nd or 3rd quarters (i have heard a rumor). She would not comment on earnings for the 2nd or 3rd quarter, however she did state that the transition to GMR would be a quick one and that it would occur in RDRT's 4 qtr. She also stated that RDRT could use most of its MR equipment for GMR (good for cash flow - less capx and no big write-offs like for trans to MR). Maybe you could ask Cyril to get more specific about the 2nd and 3rd qtrs. outlook

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