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

To: Debt Free who wrote (3302)	5/24/1998 4:10:00 AM
From: Tom Simpson	Read Replies (1) \| Respond to of 5058

Doug, Thanks for pointing out the leaps. Seems like a pretty rich premium. I spend 9 to buy the stock, write the leap for 6, I'm out a net of 3 waiting to be paid 5 by 2001. Gives me 60% or so in two years. Not bad. All you have to believe is that RDRT will be more that 5 bucks a share in 2001. >but this is definately worth watching Yup.....if they actually do turn it around, it will run back up towards 20 pretty quickly. I just don't see it yet. Best Regards.....Tom