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

To: Jay Taylor who wrote (2733)	1/6/1998 10:33:00 AM
From: FNS	Read Replies (1) \| Respond to of 5058

Jay: I don't know the internal management politics, but would certainly put my money on RDRT than APM (CEO Crisman, a one man show). I believe there was or still is a legal suit against management, but don't know particulars...they have, however, pre-warned more often and as necessary, more so than APM. Regards to the announcement, It seems a smart thing to do NOW, and as mentioned in the announcement shipments during last 2 weeks of Dec were not as expected...so best they to announce now than 1/17 or 1/21, as a BIG surprise. Seems that they are following the rules (?),IMO! <<...small bump along the road to MR transistion or is this a sign that RDRT management has more problems than we have thought with production and capacity.>> IMO - always bumps along the road with keeping up to new technology;i.e., MR, GMR....TF is out! Still early, but the stock has recovered somewhat... Regards, FNS