Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: CPAMarty who wrote (3744)	7/21/1998 7:36:00 AM
From: T Bowl	Read Replies (1) \| Respond to of 5058

The "industry" as a whole will not transition to GMR until 1999, but IBM is shipping GMR today. It's a silly statement to expect they will ship GMR in "volume" at the same time as IBM. IBM is shipping products, RDRT is still shipping eval samples... I honestly don't know how many GMR DDs IBM is shipping - they are actually a small player in this sector really, that's why they've established the WDC relationship to pick up the volumes. (That's actually the bigger picture that you seemed to have missed due to your overly bullish view. RDRT has lost their largest customer.) KMAG did indicate that they are shipping GMR media to IBM and that they were the first in the industry to do so. My point in this exchange Marty is that the company will spin the news to their benefit; it's not RDRT specific, it's IR crap. I wouldn't base ANY of my investment decisions on quick phone conversations I've had at RDRT. You need a broader, less subjective view of the industry than that. todd