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

To: Dennis R. Duke who wrote (3157)	5/12/1998 2:36:00 PM
From: MKL	Read Replies (1) \| Respond to of 5058

>> Don't you think buyers of Japanesse componets are going to think about the recovery of Japan making their product more expensive in U.S. Dollars and consider alternative suppliers? << This all depends on who is buying and on what currency. If I was a Japanese DD manufacturer, then currency have minimal effect. However, why would I be buying US components if the exchange rate is not in my favor. Japanese company relationships are different than that in the US. They tend to buy more from their own. >> From your review should we just play taps, and call it a day. Or does RDRT have any future, in your opinion? No, I am just giving information that investors should consider. There is always a buy point that will get you the expected return and believe that the downside risk is minimal. Each investor would have to determine that for themself. As for Dr. Re, I have personally met him once. I think announcements tend to have positive spins. I guess you can say he has senior management positions by being a director for 6 months. Happy Investing