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

To: Dennis R. Duke who wrote (3227)5/19/1998 12:47:00 AM
From: William Wang  Read Replies (1) | Respond to of 5058
 
Here is what I was mentioning,

Monday March 23, Seagate Technology's Outlook Revised to Negative by Standard & Poor's

biz.yahoo.com

I will go head to check what happen to SEG's price the next day.



To: Dennis R. Duke who wrote (3227)5/19/1998 8:01:00 AM
From: CPAMarty  Respond to of 5058
 
from William Wang's post #3179 on the Morgan Stanley report

On a price to book
value basis, the stock is trading at 1.3 or 38% above its low of 0.94
from June, 1993, and down 68% from the high of 4.1 set in March and
repeated in June of 1992. On a trailing 8 quarter basis, RDRT's
average price to book value is 1.94, and the stock is now trading 33%
below those levels.


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