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Technology Stocks : Read-Rite -- Ignore unavailable to you. Want to Upgrade?

To: John Ritter who wrote (4812)	10/1/1999 5:05:00 PM
From: Mark Madden	Read Replies (1) \| Respond to of 5058

I'm still positive on RDRT but I think it will be a while before they turn a profit. IMO someday someone will say something positive about the disk drive industry and stock prices rise far and fast. RDRT will be one of the biggest gainers percentage wise. Long term IMHO RDRT will beat out IBM in cost and lead the Asian companies in technology. But to do this they will need to keep their technology strong over the next couple of quarters. I also think increased communications bandwidth push the need for drives with huge capacities needing many more heads per drive. How is that for optimism?