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

To: Zeev Hed who wrote (4996)	11/12/2000 5:22:23 PM
From: couldawoulda	Read Replies (1) \| Respond to of 5058

Zeev Hed - Currently RDRT at $10 was trading at 1 times sales. If the market retains this new found valuation model rather than the standard price to earning's ratios, then $7 would lump RDRT in within the large list of other "undervalued" companies currently trading publicly in this market. If on the other hand the market concedes to the original method of valuing stocks appropriately, then $7 is generous for sure. However, like you said, you have the dark horse existing now in Scion Photonics that could position the company potentially much higher on the valuation scale. It's safe to assume that a better share price on this hinges upon the progress of their optics division. A definite speculative buy which could translate into suicide in this market, but worth a shot nonetheless.