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

To: MKL who wrote (3150)	5/11/1998 9:34:00 PM
From: NasdaqStud	Read Replies (1) \| Respond to of 5058

A few more thoughts - First, the relevancy of Mark Re's leadership or lack thereof is not germane to the present issues. In fact, the PRIMARY consideration is that RDRT has admitted some R&D problems hurt them at the 2.8 level. Thus, Mark Re and others were brought in to correct the problems and ensure a smooth future as the company transitions to newer platforms. Second, with each generation of drive, a NEW GAME IS PLAYED. No different than a baseball, hockey, or basketball game played during the course of a 100 game season. The difference here, of course, is the length of time between product cycles. RDRT dominated at the 2.1 platform. They blew it at 2.8. HOWEVER, THE 3.4 GAME IS WIDE OPEN. STITCH - DON'T YOU AGREE THAT THE FIRST TO QUAL IS TYPICALLY THE RECIPIENT OF THE MOST BUSINESS. THUS, ISN'T IT LOGICAL TO CONCLUDE THAT IF RDRT QUAL'S FIRST AT MAXTOR WHO SEEMS TO BE IN THE LEAD, THEY SHOULD WIN BUSINESS FROM SEG, WDC, AND YES QUANTUM. HMM. HAVEN'T SEEN THEM AROUND LATELY. Third, the game is just not over. Recall. IBM was a leader. Then, it fizzled. Now, it is back. And GATEWAY 2000. Their problems were short lived. A couple of quarters. But all of the high paid Wall Street Idiots were bearish as hell on Gateway. Compaq too in the early 90's. The time to be right was your sell call (?) at 30+. But now, be real. Smart money will make money unless RDRT goes out of business. This is very unlikely. They have senior engineers and excellent technology. THE ONLY ISSUE IS ONE OF EXECUTION. And they have admittedly failed in the short term. Good luck! The STUD Oh Yeah. I have heard that IBM may be ahead on the production of GMR heads. However, the same source indicated that RDRT has delivered GMR products to customers that OUTPERFORMED the IBM products. And, as for the WDC/IBM relationship, I understand that WDC is at a competitive disadvantage to Seagate and Quantum due to the design of their DD's. My source cited the head design issue - 3 vs. 4. Perhaps this alliance was made so that WDC doesn't crash and burn. And, on the 3.4 platter, my source suggested that RDRT's drive yields were higher than TDK/ALPS. Stitch - I have done some work for you. These realities will translate into huge profits for the well researched. Continue in your madness. I don't give a crap!! THE STUD PRESENTS THE FACTS, NOT HYPE

To: MKL who wrote (3150)	5/12/1998 9:04:00 AM
From: Dennis R. Duke	Respond to of 5058

Please contact RDRT's investor relations department and have them correct their release which states the following about these new hires: "Dr. Mark Re Named Sr. Vice President of Research and Development Dr. Aric Menon Named Vice President and Chief Technical Officer MILPITAS, Calif., April 15 /PRNewswire/ -- Read-Rite Corporation (Nasdaq: RDRT - news) today announced that two renowned senior technical executives have joined the Company, filling key leadership positions in its research and development organization. Dr. Mark Re, formerly with IBM, has been named sr. vice president of research and development, responsible for all R&D operations. Dr. Aric Menon, previously with Seagate Technology, Inc., has been named vice president and chief technical officer, reporting to Dr. Re. Dr. Re joins Read-Rite from IBM's Storage Systems Division in San Jose, where he held various senior managerial positions, most recently director of recording head development engineering. At IBM, he managed magnetoresistive (MR) and giant magnetoresistive (GMR) recording head development. Dr. Re has over 35 articles published in scientific and engineering publications, and has more than 10 patents to his credit involving magnetic recording technologies. He holds a Ph.D. and an M.S. degree in Electrical and Computer Engineering from Carnegie Mellon University in Pittsburgh, Pennsylvania, and a bachelor's degree in Electrical Engineering from Northwestern University in Evanston, Illinois. Dr. Menon spent 11 years at Seagate, his most recent position being vice president and chief technical officer of Seagate's Recording Head Group, where he was responsible for recording head research and development. He has published more than 30 papers on tribology and the mechanics of magnetic storage systems, and is affiliated with several universities and industry associations. He holds a Ph. D. degree in Engineering from Stanford University in Palo Alto, California, and an M.S. degree in Aerospace Engineering from the University of Tennessee, in Knoxville, Tennessee. Commenting on these two important executives joining Read-Rite, Cyril J. Yansouni, chairman and chief executive officer said, ''We are pleased to be able to attract senior level technical leaders with Dr. Re and Dr. Menon's distinguished qualifications to our Company. We believe they will play a major role in Read-Rite delivering on its mission to become the clear technology leader in magnetic head recording.''" Quick fix their mistaken release, if you know about their backgrounds than RDRT does. Dennis