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

To: Mark Adams who wrote (2525)	2/23/1998 8:16:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 9256

<Having no position in RDRT, I look at the numbers and timing of the release as an opportunity for individuals short RDRT or with PUTS on RDRT to maximize their gains. Of course, I'm a cynic. Thus the drop in RDRT shares friday (IMO). But this is at least the second PR release to impact markets at critical moments. Note that I've only been paying attention the last few months. IBM appears out for blood- and providing competitive products is only one of the techniques in use.> I agree that there is a lot of manipulation of share price in relation to options, but I doubt IBM is trying to move RDRT to make a gain. I always thought Lawrence Kam was the one doing that. The key to IBM's threat as other have said, is that IBM is selling into RDRT's prime high margin market. Maxtor is a very large RDRT customer. If they buy more from IBM, that could be very bad. Regards, Mark