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


To: Naveen Kumar who wrote (5048)1/16/2002 10:53:52 AM
From: John Chapman  Read Replies (1) | Respond to of 5058
 
I have had many loosers over the past year so I am ultra cautious. It seems stocks in general are having a hard time breaking out and not falling back. There is so much overhead to fight through and the uncertain times hurt. RDRT built a nice base in the 6.60 - 6.80 area, but then went crashing through it like butter after trying to break out.

RDRT is a good one to watch for this Q earnings and then watch the action prior to next Q to see if growth is returning to sector as anticipated.