SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Read-Rite -- Ignore unavailable to you. Want to Upgrade?


To: John Ritter who wrote (3369)5/30/1998 8:25:00 AM
From: John Slampyak  Read Replies (1) | Respond to of 5058
 
I am looking for a bottom myself. I jumped in at about 10.5, but that was a mistake so far. The book value is the theoretical accounting value of the stock, but it is not the floor. Book value changes with each quarterly earnings report and since we are expecting a loss this quarter, the book value should be reduced.