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


To: Stitch who wrote (4087)9/26/1998 12:53:00 PM
From: La Traguhs  Read Replies (2) | Respond to of 5058
 
Stitch,

I think you might want to try something a bit stronger for your cold, although that NyQuil is 25% alcohol as I recall. What works for me is half a tumbler of Scotch over two very small ice cubes.

Thanks for the review of the RDRT financials.

Your right, the RDRT credit agreements were secured last quarter but I fear that they will run into credit issues again this next quarter (and December unless we get a nice seasonal spike) and banks, being under more pressure to clean up their portfolios, will make credit negotiations more difficult.

But in hindsight, this current merger rumor is about the third one since last year this time.

Yah, I view the lack of preannouncing (so far) as a good sign that the forward looking statements from last quarter should hold close to estimates.

I'm going to see what early next week brings before I make any decisions about getting back out of RDRT. I've got to be careful that I don't become a day trader. We'll actually a week trader. (Or in my case a weak trader!)

Regards,
LT