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

To: Gottfried who wrote (3300)	5/12/1998 3:12:00 PM
From: Tom Simpson	Read Replies (1) \| Respond to of 9256

>I don't think he would get on a sinking ship. No imagination....let me list a few potentials --big bucks --wants to get out of the cold and come to sunny CA --his girlfriend lives in Fremont --Kodak was going to fire him anyway --the sheer challenge and opportunity to make RDRT a better company --he is just plain nuts :o) What is plain is that RDRT is on the make for new management, which means they know they have some problems. Knowing that is a precondition to fixing them so that is progress. It would be interesting if this guy is aimed at Terastor NFR opportunity down the road. The Opto part is intrigueing. Best...Tom

To: Gottfried who wrote (3300)	5/12/1998 3:13:00 PM
From: Mark Oliver	Read Replies (1) \| Respond to of 9256

Can someone explain to me the optical equation in this situation? I had not really thought of RDRT as being a big player in anything optical. Is this an extension into the Near Field Recording that is being developed by TeraStor and Quinta? Also, it would seem to be an important jb since the guy being replaced is sent to Japan to be co-president. I would think this is a pretty important position within RDRT. Regards, Mark Kodak Executive Joins Read-Rite Corporation as VP and General Manager For Opto Magnetic Group MILPITAS, Calif., May 12 /PRNewswire/ -- Read-Rite Corporation (Nasdaq: RDRT - news) today announced that Dr. Joseph J. Miceli, Jr., has been named vice president and general manager of their Opto Magnetic Group located in San Jose, California. In this position, he succeeds executive vice president and general manager Peter Bischoff, who was recently appointed co-president of Read-Rite SMI in Osaka, Japan. Dr. Miceli, who joined Read-Rite after spending the past 16 years at Eastman Kodak Corporation in Rochester, New York, has extensive technical and managerial experience in optical recording. He joined Kodak in 1982 as a research scientist and has served in various senior R&D leadership roles in that company's Optical Data Storage Technology development. During his tenure with Kodak, he also served as director of Kodak's Optical Storage Technology Division and general manager of their Optical Storage Products business unit. His most recent role with Kodak was guiding their venture investment, intellectual property licensing and spin-out evaluation as part of Kodak's corporate business development staff. He received a bachelor's degree in Physics from Worcester Polytechnic Institute in Worcester, Massachusetts, and holds a Ph.D. degree in Optics from the University of Rochester in Rochester, New York. Read-Rite Corporation is one of the world's leading manufacturers of recording heads, head gimbal assemblies (HGAs) and head stack assemblies (HSAs) for disk drives and magnetoresistive (MR) heads for tape drives. The company is headquartered in Milpitas, California, and has operations in California, Japan, Thailand, Malaysia, the Philippines and Singapore. Read-Rite employs 23,000+ people. The company's home page on the World Wide Web can be reached at www.readrite.com.