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

To: Sherwin Reiff who wrote (3550)6/14/1998 2:40:00 PM
From: CPAMarty  Read Replies (1) | Respond to of 5058
 
looks like RDRT will be able to compete for its share of WDC's GMR business. The announcement says that WDC will use IBM technology and components -- and in SOME cases, IBM HDD designs. biz.yahoo.com



To: Sherwin Reiff who wrote (3550)6/16/1998 4:27:00 PM
From: Tom Simpson  Read Replies (2) | Respond to of 5058
 
>I persist in valuing RDRT as an ongoing business.
There is nothing wrong with that....but its a much tougher analysis to make right now.

>It recovered to mid-50s last summer.
and its now selling in the low 20's once again. I almost bought in to it at 22 in 96 but opted for CSCO instead. Just goes to show you how these bottom fishing opportunities tend to come around again and again :o)

Best.....Tom


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