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To: Larry J. who wrote (3731)7/19/1998 3:16:00 PM
From: Dennis R. Duke  Respond to of 5058
 
Two things in my opinion will help RDRT.

One, the silly bank covenant thing needs to be dealt with and put to bed. Any short who wants to make panic just needs to say bankruptcy and point to the potential loan problem. IMHO, as a CFO type, this is not a real problem, but like all potential worries, is being over done on the street. Institutions will not buy a potentially in default security. Address that and the big boys might see RDRT as a turn around play and step in.

And two, the biggest one, RDRT needs demand! Orders placed from WDC, SEA, QNTM, Samsung and others would solve that assuming the company announces said orders. Qualifications will preceed that and maybe enough of an indicator of increasing demand. If this industry is going to experience a turn around in the fall, RDRT should be getting orders in the next 45 days. Hopefully sooner than later, and disclosed when they come would be nice.

As to the disclosure of orders my guess is we'll hear about qualifications as a press release, actual orders will be delayed in getting to us, and might come in the form of earnings guidance after the company already has production will under way to producing said orders.

The above is just my opinion and is worth what you paid for it!!!

Later, Dennis