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Technology Stocks : SYQUEST

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To: Urlman who wrote (1601)2/26/1997 1:34:00 PM
From: Rodney Glover   of 7685
 
What's up with this security? The company has made excellent and seems to be, accurate press releases with a minimal price increase for a seemingly big release. Does wall street not believe syqt can be a profitable company.
From my years of trading and investing experience, this stock should be at least $3 a share today. A 26 mil backlog of orders, deals with China, tremedous volume and a low share price. It was too perfect, something is wrong and I don't believe it is because the NASDAQ is down today, because the price has not related much to the NASDAQ index during flucuations.
Even if the hype is false, their still should have been more than a 1/4 pt. rise. Maybe too many shares outstanding? I'll check that out. Short term trader. long... Good luck everyone.
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