SI
SI
discoversearch

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: Dennis R. Duke who wrote (4534)1/25/1999 4:33:00 PM
From: Stitch  Read Replies (1) | Respond to of 5058
 
Dennis,

I am just not sure what to say to you. I fear you were emotionally edged out too soon to recover your position and then rushed back in at a point that likely did not make sense as an entry point. I honestly do not know if RDRT is being punished for something I do not understand or not. Like you I felt they had made significant progress towards recovery but also felt they still had a long way to go. This murkiness is one reason I am not in the stock either way at this point. I am also unsure about HMTT and Komag. In general I think the component guys are still dangerous but offer some opportunities for short term trading when they bounce off either side of resistance. The problem, of course, is seeing those points in advance. I think I will likely not be in them until next quarter.
Best,
Stitch



To: Dennis R. Duke who wrote (4534)1/26/1999 9:15:00 AM
From: Larry Glover  Read Replies (1) | Respond to of 5058
 
Dennis,
Please note the drop is on relatively low volume...might even be healthy in the long run. Yes, I expected some RDRT upgrades as well. But perhaps an analyst looks like an idiot recommending a stock that has already gone from <6.00 to >18.00-20.00.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News