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: Stitch who wrote (3989)	9/4/1998 6:19:00 PM
From: CPAMarty	Read Replies (1) \| Respond to of 5058

Re: Red Chip Review report dated 8/25/98 by Aalok Shah Overall not positive. The analysts main concern seems to be IBM/WDC agreement. He believes that the turnaround in the HDD industry will not occur until the 2nd or 3rd qtr of 1999 because the players are focusing on vouume rather than pricing. Mr. Shah isn't sure how the Maxtor & Samsung quals will impact RDRT bottom line. His new 18 month price target is $10 which is 2.5x FY99 estimated csh flows. No mention of a possible qual at SEG.