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

To: Stitch who wrote (3701)	7/16/1998 1:56:00 PM
From: Tom Simpson	Read Replies (3) \| Respond to of 5058

Stitch, >He is also acting VP of Slider Development while they search for a >replacement for Jeff Windsor who moves over to VP, Info Systems. Which has been a RDRT parking spot (or dumping ground if you prefer) for out of favor execs. Its not likely they'll be putting a lot of cash into cleaning up their longstanding process data management mess. Doesn't quite fit with squeezing expenses which they are stuck with for a while. Its interesting with all these Seagate folk moving in. Are these guys the same ones that have done such an outstanding job with Seagate's internal head operations? :o) I kind of expected them to take a bigger whack at PPE than they did this quarter. Without a big pickup in volume it looks to be hard for them to get enough gross margin to get out of the red. Hair length, color, gender, sexual preference,....none of that really matters; competence does. Lets hope the new boys have it. Your Seagate position looks a little more secure these last couple of weeks :o) Hope we break 30 before we all crash and burn in hell this October :o) Best......Tom