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


To: Orwell who wrote (2796)1/30/1998 2:26:00 PM
From: RLM  Read Replies (2) | Respond to of 5058
 
I agree, that this sector is a good one to be in, but we will not reap rewards until the 3rd quarter. Seagate seems to have bottomed out, but RDRT didnt do itself any favors with it's last earnings report.
Once the new technology comes in there will be demand for the new disk drives and this sector will fly.



To: Orwell who wrote (2796)2/1/1998 6:56:00 PM
From: grogger  Read Replies (1) | Respond to of 5058
 
It seems like Friday was a start. The worst is probably over and if RDRT has done things right MR can be huge and profitable!!

Rob