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

To: BMcV who wrote (4758)4/26/1999 12:22:00 PM
From: Dennis R. Duke  Read Replies (1) | Respond to of 5058
 
They are trying to say the "Pico" problem is solved. I don't think that means that all their problems are taken care of though. There is a concern that the layoffs are an effort to handle the cash needs going forward and that they maybe close on the bank convenants. You should listen carefully for that issue in the Conference Call.

I already lost it, so my thoughts are not with any money behind them.

Later, Dennis


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