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Home > Company Index > Computer Hardware > Data Storage Devices > Read-Rite Corporation

Read-Rite Corporation
Nasdaq: RDRT
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 NEWS FROM THE WIRES
Read-Rite has 3rd-qtr profit; warns on 4th-qtr revs
Jul 25 2001 01:36 PM PDT

More WIRE STORIES about this company

 NEWS FROM THE STANDARD
After the Bell: Tech Stocks Add to Gains
Apr 18 2001 04:45 PM PDT

Nifty Ways to Leave Your Hard Drive
Dec 06 1999 12:00 AM PST

 PROFILE
Read-Rite never claimed it could spell. The company is a top independent maker of magnetic recording heads used in hard disk drives. It also makes thin-film magnetoresistive tape heads used in quarter-inch cartridge tape drives. Read-Rite's heads, which record and retrieve information from the surface of computer disks, are sold to disk drive makers such as Maxtor (40% of sales), Western Digital (20%), and Samsung (19%). Read-Rite is moving into the fiber-optic communications market with its Scion Photonics subsidiary, which will make components such as multiplexers. Asian customers account for about three-quarters of sales.

 COMPETITION
International Business Machines Corporation (IBM)
TDK Corporation (TDK)

 STOCK ANALYSIS
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FURTHER ANALYSIS
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 FINANCIAL OVERVIEW
Fiscal Year-End: September
2000 Sales (mil.): 555.90
1-Yr. Sales Growth: (22.4)%
Employees: 11,621
Revenue per employee: $47,835.81

 KEY PEOPLE
• Alan S. Lowe
    CEO
• John T. Kurtzweil
    CFO

 CONTACT INFO
44100 Osgood Rd.
Freemont, CA 94539
US
Phone: 510-683-6100
Fax: 510-683-7060
Online: Web Site

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