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

To: Stitch who wrote (5015)	12/9/2000 7:10:52 PM
From: Zeev Hed	Read Replies (2) \| Respond to of 5058

Stitch, about two weeks ago, when the stock was in the $4 to $5 area, Skane asked me a similar question and I answered that i thought there was a good chance of RDRT getting to $6 by January, it actually did it yesterday, to my surprise (I was not riding it it this time). That strength bodes well for the next few weeks (but despite the US-SC stay, I still see very short term weakness in the first day or two of the week). I think that entry under $5 preferably (if we get there) might be worth a run to just inder $8 if the current trend continues. However, I would not "overstay" the welcome post the first or second week in January. I see clouds on the horizon, and they are coming from SE Asia, do you see anything like that from where you stand? Zeev