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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (22550)12/2/2000 1:28:42 PM
From: in_cog_nito  Respond to of 29382
 
< RDRT, Repost from Yahoo Board > READ-RITE CORP. DIRECTOR, CHAIRMAN AND CEO FILES SEC FORM 4

WASHINGTON, DC, Dec. 01, 2000 (States via COMTEX) -- Cyril J. Yansouni of
Fremont, CA, a Director, Chairman and CEO of Read-Rite Corp. (SYMBOL: RDRT),
accumulated 2,681 shares for $2.52 each on October 31, 2000. Cyril J. Yansouni
currently own s 597,000 shares. A Form 4 reporting the transaction was filed
with the Securities and Exchange Commission on November 27, 2000.

Obviously insiders wouldn't be buying at $2.52 if they didnt think there was a BIG upside.

Longs on RDRT will do very well if you have patience. I have no explaination for this price. This Qtr will be good; analysts estimates are up; Scion is coming on line. And I expect Scion/RDRT to announce the names of some customers who will be buying from them, names Alan didn't want to disclose at earlier conference calls. Alan is very good at releasing press releases at the right time.
Dont sell at 3.75! Hold. IMO.
messages.yahoo.com

SEC Filing:
edgar-online.com

Off Subject:
Anyone have any ties to the American and British Theater? Doing research on the life of Broadway and West End Star and Legend, Gertrude Lawrence.
Thanks in advance......

ICN



To: Magnatizer who wrote (22550)12/2/2000 1:33:02 PM
From: Ken W  Respond to of 29382
 
Morning Dave:

Well it is morning here in CA anyway. <GGGG>

We are in agreement on the NAZ rally. Except we need a break over the 10dEMA (which looks doable given the oversold condition of the STOCH's)

Upside target for the rally, IMO, is high 2900 low 3100, since the 50dMA is at 3160. We are not out of the bear market yet...That is going to take a lot of work, better earnings and the finalization of the Prez. mess....okay, Greenie will have a part of it too, if he changes bias or lowers.

207.61.23.98



To: Magnatizer who wrote (22550)12/2/2000 2:15:41 PM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Dave:

How do you like the Jan. 01 70 calls on QQQ?

Edit: The chart! 207.61.23.98

Ken