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

To: stockbug who wrote (2788)	1/28/1998 6:41:00 PM
From: Carolyn1	Read Replies (2) \| Respond to of 5058

And RDRT is going to see profits first as the drive makers have to pay RDRT first to obtain the MR heads and then manufacture the drives and then sell them to the computer makers. We will move up slowly there will be some dips but RDRT's year plan is in place and the demand will grow for MR heads. Fourth quarter will be well worth waiting for. Technology marches on and nothing can stop it and RDRT is positioning itself to take advantace of this. You are correct too much over reaction to earnings. RDRT made a nice recovery late today. I think the bottom has been hit.