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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?

To: Z Analyzer who wrote (9146)	6/25/2002 10:48:54 AM
From: Robert Douglas	Respond to of 9256

S & P has this on RDRT: RDRT has had difficulty making the transition to its new 40GB platter products; this led to a significant reduction in revenue expectations and has opened the door competitors to take market share. We are disappointed by recent developments, particularly in light of the greatly improved cost structure RDRT developed over the past year. The company’s financial picture remains strong, with close to $1 a share in cash and short-term investments. However, we are concerned about the ongoing execution issues and RDRT’s ability to rectify the problem in a timely and efficient manner. Who are they losing market share to? Is this problem getting corrected? I wouldn't touch the stock without answers to the questions on competitive issues.

To: Z Analyzer who wrote (9146)	6/25/2002 12:16:01 PM
From: Outer-limits	Read Replies (1) \| Respond to of 9256

This is part of the reason it has fallen. But I believe the REAL reason it has fallen to below 2 bucks is the fact information that it is will be kicked out of the Russell 600 got around to more than a few investors BEFORE the news came out. After the news release, many mutual fund managers who hadn't yet dumped, did so. Its not even a matter of choice for most of them: If they buy the Russell 600 they must delete anything that will be kicked out. That's why I think yesterdays' SAVAGE move down could easily have been a capitulation move for the stock. We're not going up big from here, but I believe the worst is over for this company short of Chapter 11!!!