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


To: CPAMarty who wrote (4260)11/7/1998 5:33:00 PM
From: Stitch  Read Replies (1) | Respond to of 5058
 
Marty,

<<Stitch, how can you be a bull on RDRT(assuming that you are) and short WDC? >>

I would not say that I am a bull on RDRT. I have taken profits on my venture into their stock (too early mind you) and now have no position. I have taken a short position in WDC because I think the recent run up is not supported by fundamentals. But your question crys for a question. Last time I looked they were two different companies.<G> So what parallels are you drawing that make there stock performance so seamless?

Best,
Stitch