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


To: Dennis R. Duke who wrote (3475)6/9/1998 8:16:00 PM
From: NasdaqStud  Read Replies (3) | Respond to of 5058
 
TBOWL - At present valuation, how can you fear RDRT. Perhaps there is another 12 - 15% downside in the stock. But, the upside is far greater than 100%. Also, why is this cyclical downturn different from any other one in disk drive history. Historically, you buy these when they are down. This pattern has worked and been HUGE for risk tolerant investors. And, when everybody is GROSSLY bearish, this is the time to buy, every time. These are trough valuations. I have several smart institutional clients who have been buyers. Only the nervous are sellers. Also, RDRT has many of IBMs Mr AND GMR heavyweights. Why do you give no credence to these folks? the STUD!!