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Technology Stocks : General Lithography -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Vance who wrote (844)3/4/1998 10:22:00 AM
From: Brad Rogers  Respond to of 1305
 
well,now may be the time to buy Read-rite (rdrt); after TU's close, the company preannounced lower-than-expected earnings. Yet, the stock refuses to go down signficantly; now trading at around 12 1/2 (down from 34).



To: Andrew Vance who wrote (844)3/5/1998 8:56:00 AM
From: Brad Rogers  Read Replies (2) | Respond to of 1305
 
Andrew,

what ARE your industry contacts saying about the INTC announcement. is this "much ado about nothing" or something serious?

Rob Chaplinsky of H&Q says this is not such a big deal. Also, a few Taiwan companies and Seimens have come out and said their outlook remains robust -- DESPITE THE INTC ANNOUNCEMENT.


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