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

To: TTGold who wrote (3451)	6/6/1998 11:56:00 PM
From: NasdaqStud	Read Replies (1) \| Respond to of 5058

I can also confirm the insider purchases vias bloomberg which were available on 6/4/98. More importantly, my sources believe that RDRT is making significant strides on the GMR front and by early next year, RDRT should be fighting IBM aggressively. I understand, although not yet confirmed, that several folks (NOT just Mark Re) have jointed RDRT in recent months from IBM, but that he was the only individual that IBM attempted to enjoin from employment at RDRT. Isn't capitalism great. IBM lost a hero. Too bad!!! One of my sources spoke with APM recently. According to my contact, aggregate business from Samsung and Maxtor could far exceed that from WDC alone. Given RDRTs renewed internal development efforts, these opportunities should bode well for early 99 and beyond. I believe that the street will soon forget about the WDC news, and re-focus on the improving prospects for this Co. If the WDC/IBM relationship doesn't materialize, then WDC could be in trouble on its own. Increased supply by others to satisfy demand available from WDC's absence WILL bode well for RDRT. This stock is a screaming buy IMO. The STUD!!