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Technology Stocks : Read-Rite

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To: Dennis R. Duke who wrote (4693)3/26/1999 2:58:00 PM
From: John Ritter  Read Replies (1) of 5058
 
Loss projected now @ .10 Smith Barney has a buy rating, we should be back up shortly, the selling is overdone. Perhaps funds dumped, this seems to be happening on weakness in the small cap stocks, been a lot of withdrawels in these funds lately due to poor performance. Best of luck, it is always hardest to maintain confidence at the bottom. Frankly the reason I bought back in heavily is that I never expected to see RDRT at these levels again, especially in such a strong market. So I bought on emotion here.
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