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


To: NasdaqStud who wrote (3958)8/19/1998 1:27:00 PM
From: Gauguin  Read Replies (2) | Respond to of 5058
 
RDRT's 10 Q ~ Anyone debating holding RDRT could/should read it completely. Nothing unexpected; but their field of endeavor is brutal. And may be even more so going forward. They may never make money. I tend to think the drive industry needs them; but in this extremely technical / hyper short product cycle / difficult quality control / low pricing and margin dynamic, there may still be one too many companies. Even with improved demand, they may fail. JMHO; but read the report.

I am not short this stock. And I hope they make it; but this has to be the most difficult business in tech. It's a nightmare. And no one pays them much to dream it.