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


To: stockbug who wrote (3486)6/10/1998 9:48:00 AM
From: johny  Read Replies (1) | Respond to of 5058
 
The news wasn't entirely unexpected and it wasn't all that bad...
Now the question...were there or weren't there insider buys recently?
RDRT insiders are prodigal for their timing, however I could find none on edgar.

Also...check out my timing...I averaged down a little about 3:50 pm yesterday...pretty lucky hey?



To: stockbug who wrote (3486)6/10/1998 11:09:00 AM
From: Larry J.  Read Replies (1) | Respond to of 5058
 
I like their call to get the bad news out in conjunction with the WDC pre-warning. Also, given the circumstances, flat revenue with the previous quarter is not bad. Non WDC customers (SEG?) must be picking up the slack. Actually, I'm disappointed we didn't open lower, as my open order @ $7 didn't fill. The next news to hit should be positive..........qualifications????

Larry



To: stockbug who wrote (3486)6/10/1998 4:26:00 PM
From: RLM  Read Replies (2) | Respond to of 5058
 
RDRT hasn't hit bottom yet. How many more losing quarters can RDRT have without going out of business ?